iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Down 85.6% in March

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totalling 1,400 shares, a drop of 85.6% from the March 15th total of 9,700 shares. Based on an average trading volume of 23,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of iShares International Developed Real Estate ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares International Developed Real Estate ETF by 960.1% in the third quarter. JPMorgan Chase & Co. now owns 5,576 shares of the company’s stock valued at $127,000 after purchasing an additional 5,050 shares during the period. SBI Securities Co. Ltd. purchased a new position in iShares International Developed Real Estate ETF in the 4th quarter valued at $248,000. Ariadne Wealth Management LP increased its stake in iShares International Developed Real Estate ETF by 12.9% in the 4th quarter. Ariadne Wealth Management LP now owns 14,720 shares of the company’s stock valued at $293,000 after buying an additional 1,680 shares during the period. Family Firm Inc. raised its position in iShares International Developed Real Estate ETF by 2.2% during the 4th quarter. Family Firm Inc. now owns 148,414 shares of the company’s stock worth $2,864,000 after buying an additional 3,237 shares during the last quarter. Finally, Heartland Bank & Trust Co acquired a new stake in shares of iShares International Developed Real Estate ETF in the 4th quarter worth $3,282,000.

iShares International Developed Real Estate ETF Stock Performance

NASDAQ IFGL traded up $0.25 on Monday, reaching $20.15. The stock had a trading volume of 19,276 shares, compared to its average volume of 19,006. The stock has a market cap of $90.68 million, a P/E ratio of 16.65 and a beta of 0.83. iShares International Developed Real Estate ETF has a 12-month low of $18.27 and a 12-month high of $23.18. The business’s 50-day moving average price is $19.77 and its 200 day moving average price is $20.16.

iShares International Developed Real Estate ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 18th were issued a dividend of $0.1011 per share. The ex-dividend date was Tuesday, March 18th.

iShares International Developed Real Estate ETF Company Profile

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.