iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Update

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 8,358 shares, an increase of 109.3% from the April 30th total of 3,993 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 7,945 shares, the days-to-cover ratio is currently 1.1 days.

iShares International Developed Real Estate ETF Price Performance

Shares of NASDAQ:IFGL opened at $23.17 on Monday. iShares International Developed Real Estate ETF has a fifty-two week low of $21.67 and a fifty-two week high of $25.59. The firm has a 50-day simple moving average of $23.21 and a 200 day simple moving average of $23.51. The company has a market cap of $85.73 million, a PE ratio of 20.34 and a beta of 0.81.

iShares International Developed Real Estate ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Tuesday, March 17th were given a dividend of $0.1196 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, March 17th.

About iShares International Developed Real Estate ETF

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.