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

Posted by Defense World Staff on Jan 14th, 2025

iShares International Developed Real Estate ETF (NASDAQ:IFGL – Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 94,700 shares, an increase of 2,267.5% from the December 15th total of 4,000 shares. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is currently 3.7 days.

iShares International Developed Real Estate ETF Stock Performance

Shares of IFGL opened at $18.76 on Tuesday. The stock has a 50-day moving average of $19.87 and a two-hundred day moving average of $20.94. The stock has a market cap of $84.42 million, a P/E ratio of 11.98 and a beta of 0.83. iShares International Developed Real Estate ETF has a one year low of $18.63 and a one year high of $23.18.

iShares International Developed Real Estate ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.2122 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This is a boost from iShares International Developed Real Estate ETF’s previous dividend of $0.21.

Institutional Investors Weigh In On iShares International Developed Real Estate ETF

An institutional investor recently raised its position in iShares International Developed Real Estate ETF stock. JPMorgan Chase & Co. grew its holdings in iShares International Developed Real Estate ETF (NASDAQ:IFGL – Free Report) by 960.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,576 shares of the company’s stock after buying an additional 5,050 shares during the quarter. JPMorgan Chase & Co. owned 0.12% of iShares International Developed Real Estate ETF worth $127,000 as of its most recent SEC filing.

iShares International Developed Real Estate ETF Company Profile

(Get Free Report)

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.