iShares International Dividend Growth ETF (BATS:IGRO) Sees Large Decline in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 11,071 shares, a drop of 38.8% from the April 15th total of 18,103 shares. Based on an average daily trading volume, of 41,175 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

iShares International Dividend Growth ETF Trading Down 1.1%

IGRO stock opened at $87.17 on Friday. iShares International Dividend Growth ETF has a twelve month low of $75.66 and a twelve month high of $90.48. The company has a market capitalization of $1.33 billion, a P/E ratio of 16.33 and a beta of 0.74. The firm has a 50 day simple moving average of $85.65 and a 200-day simple moving average of $84.50.

Institutional Trading of iShares International Dividend Growth ETF

Hedge funds have recently made changes to their positions in the stock. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares International Dividend Growth ETF during the fourth quarter worth approximately $41,000. Arax Advisory Partners acquired a new stake in shares of iShares International Dividend Growth ETF during the fourth quarter worth approximately $86,000. Triumph Capital Management acquired a new stake in shares of iShares International Dividend Growth ETF during the third quarter worth approximately $108,000. Imprint Wealth LLC acquired a new stake in shares of iShares International Dividend Growth ETF during the third quarter worth approximately $235,000. Finally, Cozad Asset Management Inc. grew its position in shares of iShares International Dividend Growth ETF by 23.9% during the third quarter. Cozad Asset Management Inc. now owns 3,215 shares of the company’s stock worth $256,000 after buying an additional 620 shares in the last quarter.

About iShares International Dividend Growth ETF

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.