Short Interest in iShares International Developed Real Estate ETF (NASDAQ:IFGL) Decreases By 41.0%

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 6,597 shares, a decrease of 41.0% from the February 12th total of 11,180 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,973 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 15,973 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

iShares International Developed Real Estate ETF Stock Performance

Shares of NASDAQ:IFGL traded down $0.28 during midday trading on Friday, hitting $23.07. The company’s stock had a trading volume of 13,970 shares, compared to its average volume of 14,859. The company has a market cap of $85.36 million, a P/E ratio of 20.34 and a beta of 0.86. iShares International Developed Real Estate ETF has a 12-month low of $18.27 and a 12-month high of $25.59. The business’s 50 day simple moving average is $24.31 and its 200 day simple moving average is $23.44.

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.