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

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 1,306,468 shares, an increase of 110.8% from the January 15th total of 619,678 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 1,070,996 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 1,070,996 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.9% of the company’s stock are short sold.

Institutional Trading of iShares Global Infrastructure ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IGF. National Bank of Canada FI lifted its stake in iShares Global Infrastructure ETF by 12.3% during the third quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock valued at $100,000 after buying an additional 179 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in iShares Global Infrastructure ETF by 4.7% in the third quarter. Verus Capital Partners LLC now owns 4,052 shares of the company’s stock worth $248,000 after purchasing an additional 181 shares in the last quarter. Worth Financial Advisory Group LLC increased its holdings in shares of iShares Global Infrastructure ETF by 2.2% during the 4th quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock valued at $520,000 after acquiring an additional 185 shares during the last quarter. NewEdge Advisors LLC grew its holdings in iShares Global Infrastructure ETF by 17.9% during the first quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock valued at $69,000 after purchasing an additional 191 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC raised its position in shares of iShares Global Infrastructure ETF by 1.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 12,059 shares of the company’s stock valued at $740,000 after purchasing an additional 198 shares during the period.

iShares Global Infrastructure ETF Stock Up 1.4%

Shares of iShares Global Infrastructure ETF stock opened at $68.35 on Friday. The firm’s 50 day moving average is $62.86 and its two-hundred day moving average is $61.75. The firm has a market capitalization of $10.01 billion, a P/E ratio of 20.10 and a beta of 0.73. iShares Global Infrastructure ETF has a 52 week low of $49.74 and a 52 week high of $68.42.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued 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.