Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Decreases By 44.2%

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 545,927 shares, a drop of 44.2% from the November 30th total of 977,928 shares. Based on an average trading volume of 702,063 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 702,063 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Aptus Capital Advisors LLC bought a new stake in shares of iShares Global Infrastructure ETF in the third quarter valued at about $25,000. Quent Capital LLC acquired a new position in shares of iShares Global Infrastructure ETF in the third quarter valued at $27,000. Chilton Capital Management LLC bought a new position in iShares Global Infrastructure ETF in the second quarter worth $28,000. Accordant Advisory Group Inc bought a new position in iShares Global Infrastructure ETF in the third quarter worth $32,000. Finally, Mather Group LLC. acquired a new stake in iShares Global Infrastructure ETF during the third quarter worth $42,000.

iShares Global Infrastructure ETF Price Performance

IGF traded down $0.11 on Monday, hitting $61.72. The company had a trading volume of 409,679 shares, compared to its average volume of 778,058. iShares Global Infrastructure ETF has a 1-year low of $49.74 and a 1-year high of $63.12. The company’s fifty day moving average price is $61.76 and its 200 day moving average price is $60.62. The stock has a market cap of $8.59 billion, a price-to-earnings ratio of 20.10 and a beta of 0.73.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a $0.9956 dividend. The ex-dividend date of this dividend was Tuesday, December 16th.

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.