iShares International Dividend Growth ETF (BATS:IGRO) Short Interest Up 106.3% in June

iShares International Dividend Growth ETF (BATS:IGRO) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 21,380 shares, a growth of 106.3% from the June 15th total of 10,362 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 55,240 shares, the days-to-cover ratio is presently 0.4 days.

iShares International Dividend Growth ETF Price Performance

Shares of BATS:IGRO opened at $90.19 on Thursday. The company has a market capitalization of $1.38 billion, a PE ratio of 16.33 and a beta of 0.74. The business has a fifty day moving average price of $88.21 and a two-hundred day moving average price of $86.72. iShares International Dividend Growth ETF has a 1 year low of $75.66 and a 1 year high of $90.48.

Hedge Funds Weigh In On iShares International Dividend Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IGRO. Commonwealth Retirement Investments LLC purchased a new stake in iShares International Dividend Growth ETF during the fourth quarter worth about $41,000. Arax Advisory Partners bought a new stake in iShares International Dividend Growth ETF in the fourth quarter worth about $86,000. Triumph Capital Management purchased a new position in iShares International Dividend Growth ETF in the third quarter valued at about $108,000. Imprint Wealth LLC purchased a new position in iShares International Dividend Growth ETF in the third quarter valued at about $235,000. Finally, Farther Finance Advisors LLC grew its position in shares of iShares International Dividend Growth ETF by 26.0% during the 4th quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock valued at $469,000 after acquiring an additional 1,169 shares during the period.

iShares International Dividend Growth ETF Company Profile

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.