Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Rises By 143.7%

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 11,180 shares, an increase of 143.7% from the January 29th total of 4,588 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 18,271 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 18,271 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

iShares International Developed Real Estate ETF Price Performance

IFGL opened at $25.54 on Friday. The stock’s 50 day moving average price is $24.11 and its 200 day moving average price is $23.37. The stock has a market cap of $94.50 million, a P/E ratio of 20.34 and a beta of 0.86. iShares International Developed Real Estate ETF has a 12 month low of $18.27 and a 12 month high of $25.59.

iShares International Developed Real Estate ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Monday, December 15th were issued a dividend of $0.3118 per share. This represents a $1.25 dividend on an annualized basis and a dividend yield of 4.9%. This is a positive change from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, December 15th.

iShares International Developed Real Estate ETF Company Profile

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.