Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Decreases By 51.3%

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 636,191 shares, a decline of 51.3% from the January 29th total of 1,306,468 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 910,780 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 910,780 shares, the short-interest ratio is currently 0.7 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Several hedge funds have recently modified their holdings of the stock. National Bank of Canada FI boosted its holdings in shares of iShares Global Infrastructure ETF by 12.3% in the 3rd quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock valued at $100,000 after purchasing an additional 179 shares during the last quarter. Verus Capital Partners LLC raised its holdings in shares of iShares Global Infrastructure ETF by 4.7% in the 3rd quarter. Verus Capital Partners LLC now owns 4,052 shares of the company’s stock worth $248,000 after purchasing an additional 181 shares during the period. Worth Financial Advisory Group LLC lifted its stake in shares of iShares Global Infrastructure ETF by 2.2% in the 4th quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock valued at $520,000 after purchasing an additional 185 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares Global Infrastructure ETF by 17.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares during the period. Finally, Signature Estate & Investment Advisors LLC grew its holdings in shares of iShares Global Infrastructure ETF by 1.7% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 12,059 shares of the company’s stock worth $740,000 after purchasing an additional 198 shares during the period.

iShares Global Infrastructure ETF Stock Performance

IGF stock opened at $69.25 on Friday. The company has a 50 day moving average price of $64.13 and a two-hundred day moving average price of $62.29. The stock has a market capitalization of $10.15 billion, a P/E ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a one year low of $49.74 and a one year high of $69.49.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.9956 dividend. The ex-dividend date was Tuesday, December 16th.

About iShares Global Infrastructure ETF

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.