iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 1,576,252 shares, an increase of 147.8% from the February 12th total of 636,191 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 787,590 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 787,590 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of large investors have recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in shares of iShares Global Infrastructure ETF by 17.9% in the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after buying an additional 191 shares in the last quarter. Allworth Financial LP raised its holdings in iShares Global Infrastructure ETF by 95.3% in the 2nd quarter. Allworth Financial LP now owns 1,340 shares of the company’s stock valued at $79,000 after acquiring an additional 654 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in iShares Global Infrastructure ETF by 99.0% in the 2nd quarter. SBI Securities Co. Ltd. now owns 2,103 shares of the company’s stock valued at $124,000 after acquiring an additional 1,046 shares during the last quarter. Capstone Financial Advisors Inc. lifted its stake in iShares Global Infrastructure ETF by 0.6% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 111,454 shares of the company’s stock worth $6,598,000 after purchasing an additional 614 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in iShares Global Infrastructure ETF by 21.0% in the 2nd quarter. Cetera Investment Advisers now owns 91,356 shares of the company’s stock worth $5,408,000 after purchasing an additional 15,847 shares in the last quarter.

iShares Global Infrastructure ETF Price Performance

Shares of NASDAQ:IGF opened at $66.82 on Thursday. iShares Global Infrastructure ETF has a 1 year low of $49.74 and a 1 year high of $69.60. The firm has a market capitalization of $9.79 billion, a PE ratio of 20.10 and a beta of 0.73. The business’s 50 day moving average price is $65.25 and its 200-day moving average price is $62.73.

iShares Global Infrastructure ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.9956 per share. The ex-dividend date of this dividend was Tuesday, December 16th.

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.