Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Decreases By 85.6%

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decrease of 85.6% from the March 15th total of 9,700 shares. Based on an average trading volume of 23,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

iShares International Developed Real Estate ETF Trading Up 0.8 %

Shares of NASDAQ IFGL traded up $0.17 during trading hours on Wednesday, reaching $20.37. The stock had a trading volume of 15,062 shares, compared to its average volume of 19,062. The firm has a market cap of $91.67 million, a price-to-earnings ratio of 16.65 and a beta of 0.83. iShares International Developed Real Estate ETF has a 52-week low of $18.27 and a 52-week high of $23.18. The business’s fifty day moving average price is $19.77 and its two-hundred day moving average price is $20.14.

iShares International Developed Real Estate ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th were paid a $0.1011 dividend. The ex-dividend date of this dividend was Tuesday, March 18th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IFGL. Heartland Bank & Trust Co acquired a new position in iShares International Developed Real Estate ETF in the fourth quarter valued at approximately $3,282,000. SBI Securities Co. Ltd. purchased a new stake in shares of iShares International Developed Real Estate ETF during the fourth quarter worth about $248,000. JPMorgan Chase & Co. raised its holdings in shares of iShares International Developed Real Estate ETF by 960.1% during the third quarter. JPMorgan Chase & Co. now owns 5,576 shares of the company’s stock valued at $127,000 after acquiring an additional 5,050 shares during the last quarter. Family Firm Inc. grew its holdings in shares of iShares International Developed Real Estate ETF by 2.2% during the fourth quarter. Family Firm Inc. now owns 148,414 shares of the company’s stock worth $2,864,000 after buying an additional 3,237 shares in the last quarter. Finally, Ariadne Wealth Management LP lifted its position in iShares International Developed Real Estate ETF by 12.9% during the fourth quarter. Ariadne Wealth Management LP now owns 14,720 shares of the company’s stock worth $293,000 after buying an additional 1,680 shares in the last quarter.

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.