iShares International Dividend Growth ETF (BATS:IGRO) Sees Large Decline in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 11,071 shares, a drop of 38.8% from the April 15th total of 18,103 shares. Based on an average daily volume of 41,175 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

iShares International Dividend Growth ETF Price Performance

iShares International Dividend Growth ETF stock opened at $87.17 on Friday. iShares International Dividend Growth ETF has a 12-month low of $75.66 and a 12-month high of $90.48. The stock has a market capitalization of $1.33 billion, a P/E ratio of 16.33 and a beta of 0.74. The firm’s 50-day moving average is $85.65 and its two-hundred day moving average is $84.50.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Commonwealth Retirement Investments LLC purchased a new position in iShares International Dividend Growth ETF in the fourth quarter valued at approximately $41,000. Arax Advisory Partners purchased a new position in iShares International Dividend Growth ETF in the fourth quarter valued at approximately $86,000. Triumph Capital Management purchased a new position in iShares International Dividend Growth ETF in the third quarter valued at approximately $108,000. Imprint Wealth LLC purchased a new position in iShares International Dividend Growth ETF in the third quarter valued at approximately $235,000. Finally, Cozad Asset Management Inc. raised its holdings in iShares International Dividend Growth ETF by 23.9% in the third quarter. Cozad Asset Management Inc. now owns 3,215 shares of the company’s stock valued at $256,000 after buying an additional 620 shares during the period.

About iShares International Dividend Growth ETF

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.