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

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 10,183 shares, a growth of 57.0% from the March 15th total of 6,487 shares. Based on an average trading volume of 21,485 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.

iShares International Developed Real Estate ETF Stock Up 0.1%

NASDAQ IFGL opened at $23.59 on Tuesday. The company has a 50-day simple moving average of $23.89 and a two-hundred day simple moving average of $23.39. iShares International Developed Real Estate ETF has a 12-month low of $19.93 and a 12-month high of $25.59. The firm has a market cap of $87.28 million, a price-to-earnings ratio of 20.34 and a beta of 0.83.

iShares International Developed Real Estate ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.1196 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, March 17th.

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.