Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Rises By 2,267.5%

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares International Developed Real Estate ETF stock. Heartland Bank & Trust Co acquired a new position in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 170,045 shares of the company’s stock, valued at approximately $3,282,000. iShares International Developed Real Estate ETF comprises about 1.8% of Heartland Bank & Trust Co’s portfolio, making the stock its 14th largest holding. Heartland Bank & Trust Co owned approximately 3.78% of iShares International Developed Real Estate ETF as of its most recent SEC filing.

iShares International Developed Real Estate ETF Stock Down 0.5 %

Shares of NASDAQ IFGL opened at $19.75 on Wednesday. The company has a market cap of $88.88 million, a P/E ratio of 11.98 and a beta of 0.83. iShares International Developed Real Estate ETF has a 52 week low of $18.63 and a 52 week high of $23.18. The business has a 50-day simple moving average of $19.65 and a two-hundred day simple moving average of $20.89.

iShares International Developed Real Estate ETF Increases Dividend

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

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.