iShares International Dividend Growth ETF (BATS:IGRO) Sees Significant Decrease in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 9,919 shares, a decline of 53.6% from the June 30th total of 21,380 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 32,648 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of iShares International Dividend Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Commonwealth Retirement Investments LLC bought a new stake in iShares International Dividend Growth ETF in the fourth quarter worth approximately $41,000. Arax Advisory Partners bought a new position in shares of iShares International Dividend Growth ETF during the 4th quarter worth approximately $86,000. Triumph Capital Management bought a new position in shares of iShares International Dividend Growth ETF during the 3rd quarter worth approximately $108,000. Imprint Wealth LLC acquired a new stake in shares of iShares International Dividend Growth ETF during the 3rd quarter worth approximately $235,000. Finally, Farther Finance Advisors LLC grew its position in shares of iShares International Dividend Growth ETF by 26.0% during the 4th quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock worth $469,000 after buying an additional 1,169 shares during the period.

iShares International Dividend Growth ETF Price Performance

Shares of IGRO opened at $91.09 on Thursday. iShares International Dividend Growth ETF has a 1 year low of $75.66 and a 1 year high of $92.10. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74. The business has a 50-day moving average of $88.68 and a 200-day moving average of $87.20.

iShares International Dividend Growth ETF Company Profile

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.