iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Update

iShares International Developed Real Estate ETF (NASDAQ:IFGL) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 8,358 shares, an increase of 109.3% from the April 30th total of 3,993 shares. Based on an average daily trading volume, of 7,945 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are short sold.

iShares International Developed Real Estate ETF Price Performance

IFGL stock opened at $23.17 on Monday. iShares International Developed Real Estate ETF has a 12-month low of $21.67 and a 12-month high of $25.59. The company has a market cap of $85.73 million, a price-to-earnings ratio of 20.34 and a beta of 0.81. The company has a 50 day moving average of $23.21 and a two-hundred day moving average of $23.51.

iShares International Developed Real Estate ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.1196 per share. The ex-dividend date was Tuesday, March 17th. This represents a $0.48 annualized dividend and a dividend yield of 2.1%.

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.