Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Declines By 72.2%

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 315,341 shares, a decline of 72.2% from the June 15th total of 1,135,954 shares. Based on an average trading volume of 986,067 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

iShares Global Infrastructure ETF Trading Up 0.1%

Shares of IGF traded up $0.10 during mid-day trading on Monday, hitting $67.01. 395,365 shares of the company traded hands, compared to its average volume of 879,969. The stock has a market capitalization of $10.88 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. The business has a 50-day moving average of $66.84 and a 200 day moving average of $66.11. iShares Global Infrastructure ETF has a one year low of $58.12 and a one year high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.9337 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in iShares Global Infrastructure ETF by 17.9% in the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock valued at $69,000 after buying an additional 191 shares during the period. Cerity Partners LLC raised its position in shares of iShares Global Infrastructure ETF by 35.6% during the 2nd quarter. Cerity Partners LLC now owns 28,043 shares of the company’s stock valued at $1,660,000 after acquiring an additional 7,366 shares during the last quarter. Qube Research & Technologies Ltd raised its position in shares of iShares Global Infrastructure ETF by 264.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 122,857 shares of the company’s stock valued at $7,273,000 after acquiring an additional 89,165 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of iShares Global Infrastructure ETF by 76.3% in the 2nd quarter. Raymond James Financial Inc. now owns 276,566 shares of the company’s stock valued at $16,373,000 after purchasing an additional 119,700 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of iShares Global Infrastructure ETF in the 2nd quarter valued at $6,287,000.

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.