iShares U.S. Infrastructure ETF (BATS:IFRA) Short Interest Update

iShares U.S. Infrastructure ETF (BATS:IFRA) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 240,130 shares, a decrease of 55.5% from the June 30th total of 540,028 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 388,977 shares, the days-to-cover ratio is currently 0.6 days.

iShares U.S. Infrastructure ETF Stock Down 1.3%

Shares of IFRA opened at $61.89 on Tuesday. iShares U.S. Infrastructure ETF has a 52-week low of $49.49 and a 52-week high of $64.25. The stock has a fifty day simple moving average of $61.71 and a two-hundred day simple moving average of $59.69. The company has a market capitalization of $3.33 billion, a PE ratio of 19.30 and a beta of 0.98.

Institutional Investors Weigh In On iShares U.S. Infrastructure ETF

A number of hedge funds have recently modified their holdings of the company. Global Retirement Partners LLC increased its position in iShares U.S. Infrastructure ETF by 3.1% during the fourth quarter. Global Retirement Partners LLC now owns 5,703 shares of the company’s stock worth $300,000 after purchasing an additional 171 shares during the last quarter. Riverbend Wealth Management LLC boosted its holdings in iShares U.S. Infrastructure ETF by 1.6% in the 4th quarter. Riverbend Wealth Management LLC now owns 11,301 shares of the company’s stock valued at $595,000 after purchasing an additional 177 shares during the last quarter. Harbor Investment Advisory LLC boosted its holdings in iShares U.S. Infrastructure ETF by 2.7% in the 1st quarter. Harbor Investment Advisory LLC now owns 6,779 shares of the company’s stock valued at $388,000 after purchasing an additional 178 shares during the last quarter. Wealthcare Capital Partners LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 0.7% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 26,128 shares of the company’s stock valued at $1,647,000 after buying an additional 181 shares during the period. Finally, Golden State Wealth Management LLC grew its stake in shares of iShares U.S. Infrastructure ETF by 12.7% in the 4th quarter. Golden State Wealth Management LLC now owns 1,609 shares of the company’s stock valued at $85,000 after buying an additional 181 shares during the period.

About iShares U.S. Infrastructure ETF

The iShares U.S. Infrastructure ETF (IFRA) is an exchange-traded fund that is based on the NYSE FactSet U.S. Infrastructure index. The fund tracks an index of US-listed infrastructure companies that derive a significant portion of their revenue from within the US. IFRA was launched on Apr 3, 2018 and is managed by BlackRock.