iShares U.S. Infrastructure ETF (BATS:IFRA) Shares Shorted: Short Interest Down 41.7% in October

iShares U.S. Infrastructure ETF (BATS:IFRA) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 194,464 shares, a decrease of 41.7% from the September 30th total of 333,661 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 306,724 shares, the short-interest ratio is presently 0.6 days.

iShares U.S. Infrastructure ETF Price Performance

IFRA opened at $58.30 on Friday. The stock has a market capitalization of $3.14 billion, a price-to-earnings ratio of 19.30 and a beta of 0.98. iShares U.S. Infrastructure ETF has a 12 month low of $50.66 and a 12 month high of $64.25. The business has a 50-day moving average of $57.41 and a two-hundred day moving average of $59.35.

Institutional Trading of iShares U.S. Infrastructure ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Citadel Advisors LLC bought a new position in iShares U.S. Infrastructure ETF during the second quarter valued at about $1,102,000. Atomic Invest LLC increased its holdings in shares of iShares U.S. Infrastructure ETF by 7,454.6% in the second quarter. Atomic Invest LLC now owns 96,095 shares of the company’s stock valued at $6,096,000 after purchasing an additional 94,823 shares in the last quarter. Evolution Wealth Management Inc. lifted its position in iShares U.S. Infrastructure ETF by 111.4% during the 1st quarter. Evolution Wealth Management Inc. now owns 15,573 shares of the company’s stock valued at $891,000 after purchasing an additional 8,207 shares during the period. NewEdge Advisors LLC raised its position in shares of iShares U.S. Infrastructure ETF by 45.2% during the 2nd quarter. NewEdge Advisors LLC now owns 28,866 shares of the company’s stock valued at $1,820,000 after acquiring an additional 8,983 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares U.S. Infrastructure ETF by 5.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 329,900 shares of the company’s stock valued at $20,797,000 after acquiring an additional 17,288 shares during the period.

About iShares U.S. Infrastructure ETF

The iShares U.S. Infrastructure ETF (IFRA) is an exchange-traded fund that is based on the NYSE FactSet U.S. Infrastructure index. The fund tracks an index of US-listed infrastructure companies that derive a significant portion of their revenue from within the US. IFRA was launched on Apr 3, 2018 and is managed by BlackRock.