iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Update

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 94,700 shares, a growth of 2,267.5% from the December 15th total of 4,000 shares. Based on an average daily volume of 25,500 shares, the short-interest ratio is presently 3.7 days.

iShares International Developed Real Estate ETF Trading Up 1.9 %

IFGL traded up $0.35 during trading on Wednesday, hitting $19.22. 8,119 shares of the company’s stock were exchanged, compared to its average volume of 20,547. iShares International Developed Real Estate ETF has a 1 year low of $18.63 and a 1 year high of $23.18. The stock has a 50 day moving average price of $19.82 and a 200 day moving average price of $20.93. The firm has a market cap of $86.49 million, a P/E ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.2122 per share. This is an increase from iShares International Developed Real Estate ETF’s previous dividend of $0.21. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares International Developed Real Estate ETF

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. JPMorgan Chase & Co. increased its position in iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 960.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,576 shares of the company’s stock after purchasing an additional 5,050 shares during the quarter. JPMorgan Chase & Co. owned 0.12% of iShares International Developed Real Estate ETF worth $127,000 as of its most recent filing with the Securities and Exchange Commission.

About iShares International Developed Real Estate ETF

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.