iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 42.2% in March

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 911,493 shares, a drop of 42.2% from the February 26th total of 1,576,252 shares. Based on an average daily trading volume, of 822,157 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s stock are sold short.

iShares Global Infrastructure ETF Price Performance

NASDAQ:IGF remained flat at $66.38 during trading hours on Friday. The company’s stock had a trading volume of 783,726 shares, compared to its average volume of 944,319. The firm has a 50-day moving average price of $66.32 and a 200-day moving average price of $63.19. iShares Global Infrastructure ETF has a 1-year low of $49.74 and a 1-year high of $69.60. The firm has a market capitalization of $9.72 billion, a PE ratio of 20.10 and a beta of 0.73.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Several large investors have recently modified their holdings of IGF. Rice Partnership LLC bought a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at about $25,000. Aptus Capital Advisors LLC purchased a new position in iShares Global Infrastructure ETF in the 3rd quarter worth approximately $25,000. Trust Co. of Vermont purchased a new stake in iShares Global Infrastructure ETF during the 4th quarter valued at $25,000. Quent Capital LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter worth $27,000. Finally, Accordant Advisory Group Inc bought a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter worth $32,000.

About iShares Global Infrastructure ETF

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.