iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Update

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 8,358 shares, an increase of 109.3% from the April 30th total of 3,993 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 7,945 shares, the days-to-cover ratio is currently 1.1 days.

iShares International Developed Real Estate ETF Stock Performance

Shares of iShares International Developed Real Estate ETF stock remained flat at $22.79 during trading on Tuesday. 12,154 shares of the stock were exchanged, compared to its average volume of 13,136. The firm has a market capitalization of $84.32 million, a P/E ratio of 20.34 and a beta of 0.81. The firm’s fifty day simple moving average is $23.20 and its two-hundred day simple moving average is $23.51. iShares International Developed Real Estate ETF has a 1-year low of $21.67 and a 1-year high of $25.59.

iShares International Developed Real Estate ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Tuesday, March 17th were issued a $0.1196 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.