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 drop in short interest during the month of July. As of July 31st, there was short interest totaling 9,102 shares, a drop of 37.4% from the July 15th total of 14,529 shares. Based on an average trading volume of 10,175 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s shares are short sold.

iShares International Developed Real Estate ETF Stock Performance

iShares International Developed Real Estate ETF stock opened at $22.73 on Thursday. The company’s 50 day simple moving average is $22.65 and its 200-day simple moving average is $23.29. iShares International Developed Real Estate ETF has a 1 year low of $21.67 and a 1 year high of $25.59. The company has a market capitalization of $81.83 million, a price-to-earnings ratio of 20.34 and a beta of 0.79.

iShares International Developed Real Estate ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.3198 per share. This represents a $1.28 dividend on an annualized basis and a yield of 5.6%. This is a positive change from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, June 15th.

iShares International Developed Real Estate ETF Company Profile

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.