iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 5,810,000 shares, a growth of 205.8% from the January 31st total of 1,900,000 shares. Based on an average trading volume of 905,000 shares, the days-to-cover ratio is currently 6.4 days.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Hedge funds have recently modified their holdings of the business. Centricity Wealth Management LLC purchased a new position in shares of iShares Global Infrastructure ETF during the 4th quarter worth $33,000. West Oak Capital LLC grew its holdings in shares of iShares Global Infrastructure ETF by 2,500.0% during the 4th quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after purchasing an additional 625 shares during the period. Lee Danner & Bass Inc. purchased a new position in shares of iShares Global Infrastructure ETF during the 4th quarter worth $44,000. SBI Securities Co. Ltd. purchased a new position in iShares Global Infrastructure ETF during the 4th quarter valued at about $54,000. Finally, NewEdge Advisors LLC purchased a new position in iShares Global Infrastructure ETF during the 4th quarter valued at about $56,000.

iShares Global Infrastructure ETF Stock Up 1.2 %

Shares of IGF traded up $0.61 during midday trading on Friday, reaching $53.46. The company had a trading volume of 1,496,641 shares, compared to its average volume of 842,291. iShares Global Infrastructure ETF has a 1-year low of $45.19 and a 1-year high of $55.79. The stock has a market cap of $5.22 billion, a PE ratio of 22.20 and a beta of 0.80. The firm has a 50 day simple moving average of $53.39 and a 200-day simple moving average of $53.56.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.849 per share. The ex-dividend date was Tuesday, December 17th.

iShares Global Infrastructure ETF Company Profile

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.