iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Down 45.0% in January

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 5,564 shares, a drop of 45.0% from the December 31st total of 10,115 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 12,924 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 12,924 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

iShares International Developed Real Estate ETF Stock Down 1.1%

iShares International Developed Real Estate ETF stock traded down $0.26 during trading on Friday, reaching $24.18. The stock had a trading volume of 14,654 shares, compared to its average volume of 13,293. The business has a 50 day moving average price of $23.25 and a 200 day moving average price of $23.02. The stock has a market cap of $89.47 million, a PE ratio of 20.34 and a beta of 0.86. iShares International Developed Real Estate ETF has a 52-week low of $18.27 and a 52-week high of $24.50.

iShares International Developed Real Estate ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Monday, December 15th were issued a $0.3118 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 5.2%. This is a positive change from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Monday, December 15th.

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.