iShares International Developed Real Estate ETF (NASDAQ:IFGL) Sees Significant Decrease in Short Interest

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,789 shares, a drop of 31.3% from the November 30th total of 8,428 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 14,106 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 14,106 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

iShares International Developed Real Estate ETF Trading Up 0.2%

Shares of NASDAQ IFGL traded up $0.04 during trading on Monday, reaching $23.10. 11,588 shares of the company traded hands, compared to its average volume of 18,709. The stock has a market cap of $94.71 million, a P/E ratio of 20.34 and a beta of 0.86. The firm’s fifty day simple moving average is $22.91 and its 200 day simple moving average is $22.83. iShares International Developed Real Estate ETF has a 12-month low of $18.27 and a 12-month high of $23.72.

iShares International Developed Real Estate ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Monday, December 15th were paid a $0.3118 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.25 annualized dividend and a dividend yield of 5.4%. This is an increase from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.18.

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.