iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Up 191.9% in July

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 920,340 shares, a growth of 191.9% from the June 30th total of 315,341 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 577,803 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of IGF. NewEdge Advisors LLC boosted its position in iShares Global Infrastructure ETF by 17.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,258 shares of the company’s stock worth $69,000 after purchasing an additional 191 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of iShares Global Infrastructure ETF by 35.6% in the 2nd quarter. Cerity Partners LLC now owns 28,043 shares of the company’s stock valued at $1,660,000 after purchasing an additional 7,366 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of iShares Global Infrastructure ETF by 264.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 122,857 shares of the company’s stock valued at $7,273,000 after purchasing an additional 89,165 shares during the period. Raymond James Financial Inc. boosted its holdings in iShares Global Infrastructure ETF by 76.3% during the second quarter. Raymond James Financial Inc. now owns 276,566 shares of the company’s stock worth $16,373,000 after buying an additional 119,700 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in iShares Global Infrastructure ETF during the second quarter worth $6,287,000.

iShares Global Infrastructure ETF Stock Performance

Shares of iShares Global Infrastructure ETF stock traded down $0.48 during trading on Monday, hitting $66.95. 286,654 shares of the company’s stock were exchanged, compared to its average volume of 853,836. The business has a 50-day simple moving average of $66.77 and a 200-day simple moving average of $66.49. The stock has a market capitalization of $10.96 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a 52-week low of $58.59 and a 52-week high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.9337 dividend. The ex-dividend date was Monday, June 15th.

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.