iShares International Developed Real Estate ETF (NASDAQ:IFGL) Stock Short Interest Report for September

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 62,047 shares, a growth of 230.8% from the September 15th total of 18,758 shares. Based on an average daily trading volume, of 16,516 shares, the short-interest ratio is presently 3.8 days. Approximately 1.7% of the shares of the company are sold short.

iShares International Developed Real Estate ETF Price Performance

Shares of IFGL stock traded up $0.21 during midday trading on Friday, hitting $20.53. The company had a trading volume of 7,811 shares, compared to its average volume of 12,646. iShares International Developed Real Estate ETF has a 52-week low of $20.19 and a 52-week high of $25.59. The company’s 50 day simple moving average is $21.95 and its 200 day simple moving average is $22.57. The stock has a market cap of $75.96 million, a price-to-earnings ratio of 20.34 and a beta of 0.79.

iShares International Developed Real Estate ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.2020 per share. This represents a $0.81 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Tuesday, September 15th. This is a decrease from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.3198.

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.