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

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 3,400 shares, a growth of 100.0% from the November 15th total of 1,700 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is presently 0.2 days.

iShares International Developed Real Estate ETF Price Performance

IFGL traded up $0.05 during trading on Friday, reaching $19.89. 385,825 shares of the stock traded hands, compared to its average volume of 15,596. The stock’s 50-day simple moving average is $20.84 and its two-hundred day simple moving average is $21.10. iShares International Developed Real Estate ETF has a fifty-two week low of $19.63 and a fifty-two week high of $23.18. The stock has a market cap of $91.49 million, a price-to-earnings ratio of 11.98 and a beta of 0.83.

iShares International Developed Real Estate ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $0.209 dividend. The ex-dividend date was Wednesday, September 25th.

Hedge Funds Weigh In On iShares International Developed Real Estate ETF

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. Family Firm Inc. increased its stake in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 54.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 142,758 shares of the company’s stock after acquiring an additional 50,179 shares during the period. Family Firm Inc. owned 2.97% of iShares International Developed Real Estate ETF worth $2,827,000 as of its most recent filing with the SEC.

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.