iShares International Developed Real Estate ETF (NASDAQ:IFGL) Sees Significant Increase in Short Interest

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totaling 10,183 shares, an increase of 57.0% from the March 15th total of 6,487 shares. Based on an average trading volume of 21,485 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

iShares International Developed Real Estate ETF Trading Up 0.1%

Shares of IFGL opened at $23.59 on Tuesday. iShares International Developed Real Estate ETF has a 12-month low of $19.93 and a 12-month high of $25.59. The company has a market cap of $87.28 million, a PE ratio of 20.34 and a beta of 0.83. The stock has a 50-day moving average price of $23.89 and a 200-day moving average price of $23.39.

iShares International Developed Real Estate ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a $0.1196 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Tuesday, March 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.