iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 2,026,111 shares, an increase of 122.3% from the March 15th total of 911,493 shares. Based on an average daily volume of 1,230,632 shares, the short-interest ratio is presently 1.6 days. Currently, 1.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

A number of large investors have recently added to or reduced their stakes in IGF. NewEdge Advisors LLC increased its stake in shares of iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares in the last quarter. Cerity Partners LLC boosted its holdings in iShares Global Infrastructure ETF by 35.6% in the 2nd quarter. Cerity Partners LLC now owns 28,043 shares of the company’s stock worth $1,660,000 after buying an additional 7,366 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in iShares Global Infrastructure ETF by 264.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 122,857 shares of the company’s stock worth $7,273,000 after buying an additional 89,165 shares during the last quarter. Raymond James Financial Inc. increased its stake in iShares Global Infrastructure ETF by 76.3% during the 2nd quarter. Raymond James Financial Inc. now owns 276,566 shares of the company’s stock worth $16,373,000 after buying an additional 119,700 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in iShares Global Infrastructure ETF during the 2nd quarter worth approximately $6,287,000.

iShares Global Infrastructure ETF Stock Down 0.9%

Shares of IGF stock traded down $0.62 during trading hours on Monday, hitting $67.99. 745,116 shares of the company’s stock were exchanged, compared to its average volume of 961,849. iShares Global Infrastructure ETF has a fifty-two week low of $53.98 and a fifty-two week high of $69.60. The firm has a market cap of $10.41 billion, a P/E ratio of 20.10 and a beta of 0.67. The firm has a 50 day moving average of $67.27 and a two-hundred day moving average of $63.78.

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.