Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Declines By 42.2%

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 911,493 shares, a drop of 42.2% from the February 26th total of 1,576,252 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 822,157 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of iShares Global Infrastructure ETF

A number of institutional investors have recently made changes to their positions in the company. Trust Co. of Vermont acquired a new position in iShares Global Infrastructure ETF in the 4th quarter valued at $25,000. Rice Partnership LLC acquired a new stake in iShares Global Infrastructure ETF during the 4th quarter worth $25,000. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth $25,000. Quent Capital LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter worth $27,000. Finally, Accordant Advisory Group Inc acquired a new stake in shares of iShares Global Infrastructure ETF in the third quarter valued at about $32,000.

iShares Global Infrastructure ETF Stock Performance

NASDAQ:IGF remained flat at $66.38 during trading hours on Friday. The company’s stock had a trading volume of 783,726 shares, compared to its average volume of 944,319. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $69.60. The business’s 50-day simple moving average is $66.40 and its two-hundred day simple moving average is $63.26. The firm has a market cap of $9.72 billion, a P/E ratio of 20.10 and a beta of 0.73.

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.