Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Decreases By 38.4%

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,135,954 shares, a decrease of 38.4% from the May 31st total of 1,844,063 shares. Based on an average trading volume of 679,417 shares, the short-interest ratio is presently 1.7 days. Approximately 0.7% of the shares of the stock are short sold.

iShares Global Infrastructure ETF Price Performance

iShares Global Infrastructure ETF stock remained flat at $66.87 during mid-day trading on Friday. The company’s stock had a trading volume of 606,752 shares, compared to its average volume of 896,834. The company has a market capitalization of $10.84 billion, a P/E ratio of 20.10 and a beta of 0.61. The business has a fifty day moving average of $66.87 and a two-hundred day moving average of $65.87. iShares Global Infrastructure ETF has a 1 year low of $57.96 and a 1 year high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.9337 per share. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares Global Infrastructure ETF

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 17.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after acquiring an additional 191 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of iShares Global Infrastructure ETF by 35.6% in the second quarter. Cerity Partners LLC now owns 28,043 shares of the company’s stock valued at $1,660,000 after buying an additional 7,366 shares during the last quarter. Qube Research & Technologies Ltd lifted its position in iShares Global Infrastructure ETF by 264.6% during 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 in the last quarter. Raymond James Financial Inc. lifted its position 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 acquired a new stake in iShares Global Infrastructure ETF in the 2nd quarter valued at about $6,287,000.

iShares Global Infrastructure ETF Company Profile

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.