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

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

iShares International Developed Real Estate ETF Trading Up 0.3%

Shares of NASDAQ:IFGL traded up $0.07 during midday trading on Tuesday, hitting $23.17. The company had a trading volume of 32,519 shares, compared to its average volume of 18,770. iShares International Developed Real Estate ETF has a 12 month low of $18.27 and a 12 month high of $23.72. The stock has a market cap of $95.00 million, a price-to-earnings ratio of 20.34 and a beta of 0.86. The firm has a fifty day simple moving average of $22.91 and a 200 day simple moving average of $22.83.

iShares International Developed Real Estate ETF Increases Dividend

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

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.

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