Short Interest in iShares Global Infrastructure ETF (NASDAQ:IGF) Declines By 27.0%

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 619,678 shares, a decline of 27.0% from the December 31st total of 848,818 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 812,388 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 812,388 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.4% of the company’s stock are short sold.

iShares Global Infrastructure ETF Stock Up 1.4%

Shares of NASDAQ:IGF traded up $0.90 during trading on Tuesday, hitting $64.86. The stock had a trading volume of 736,194 shares, compared to its average volume of 942,445. The company has a market capitalization of $9.50 billion, a PE ratio of 20.10 and a beta of 0.73. The firm’s fifty day moving average is $62.18 and its 200 day moving average is $61.32. iShares Global Infrastructure ETF has a 12 month low of $49.74 and a 12 month high of $65.17.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently announced 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 was Tuesday, December 16th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IGF. Trust Co. of Vermont bought a new position in shares of iShares Global Infrastructure ETF during the fourth quarter valued at approximately $25,000. Aptus Capital Advisors LLC purchased a new stake in shares of iShares Global Infrastructure ETF in the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new position in iShares Global Infrastructure ETF during the 3rd quarter valued at approximately $27,000. Chilton Capital Management LLC bought a new position in iShares Global Infrastructure ETF during the 2nd quarter valued at approximately $28,000. Finally, Accordant Advisory Group Inc purchased a new position in iShares Global Infrastructure ETF during the third quarter valued at $32,000.

About iShares Global Infrastructure ETF

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.