iShares International Developed Real Estate ETF (NASDAQ:IFGL) Stock Short Interest Report for September

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 62,047 shares, a growth of 230.8% from the September 15th total of 18,758 shares. Based on an average daily trading volume, of 16,516 shares, the short-interest ratio is presently 3.8 days. Approximately 1.7% of the company’s stock are short sold.

iShares International Developed Real Estate ETF Stock Performance

Shares of NASDAQ:IFGL traded up $0.21 during trading hours on Friday, reaching $20.53. The stock had a trading volume of 7,811 shares, compared to its average volume of 12,646. The stock has a market capitalization of $75.96 million, a price-to-earnings ratio of 20.34 and a beta of 0.79. The firm’s 50 day moving average is $21.95 and its 200-day moving average is $22.57. iShares International Developed Real Estate ETF has a 1 year low of $20.19 and a 1 year high of $25.59.

iShares International Developed Real Estate ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.2020 per share. This is a drop from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.3198. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.81 annualized dividend and a dividend yield of 3.9%.

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.