Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Declines By 73.1%

Posted by Don Miller on Jul 26th, 2024

iShares International Developed Real Estate ETF (NASDAQ:IFGL – Get Free Report) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 1,400 shares, a decrease of 73.1% from the June 30th total of 5,200 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. Family Firm Inc. raised its stake in iShares International Developed Real Estate ETF (NASDAQ:IFGL – Free Report) by 54.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 142,758 shares of the company’s stock after purchasing an additional 50,179 shares during the quarter. Family Firm Inc. owned 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 as of its most recent filing with the Securities & Exchange Commission.

iShares International Developed Real Estate ETF Stock Down 0.5 %

NASDAQ:IFGL traded down $0.10 on Thursday, hitting $20.40. The stock had a trading volume of 24,774 shares, compared to its average volume of 15,120. The business’s fifty day moving average is $20.51 and its 200 day moving average is $20.60. The company has a market cap of $97.92 million, a PE ratio of 11.98 and a beta of 0.83. iShares International Developed Real Estate ETF has a 52 week low of $17.69 and a 52 week high of $21.88.

iShares International Developed Real Estate ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.3999 dividend. The ex-dividend date of this dividend was Tuesday, June 11th. This represents a $1.60 annualized dividend and a yield of 7.84%.

iShares International Developed Real Estate ETF Company Profile

(Get Free Report)

The iShares International Developed Real Estate ETF (IFGL) is an exchange-traded fund that is based on the FTSE EPRA Nareit Developed x US index, a market-cap-weighted index of companies that own or develop real estate throughout the developed world, excluding the United States. IFGL was launched on Nov 12, 2007 and is managed by BlackRock.