iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Down 45.0% in January

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 5,564 shares, a decrease of 45.0% from the December 31st total of 10,115 shares. Based on an average daily volume of 12,924 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 12,924 shares, the short-interest ratio is currently 0.4 days.

iShares International Developed Real Estate ETF Price Performance

IFGL stock traded down $0.26 during trading on Friday, reaching $24.18. 14,654 shares of the company were exchanged, compared to its average volume of 13,293. The company has a market capitalization of $89.47 million, a price-to-earnings ratio of 20.34 and a beta of 0.86. iShares International Developed Real Estate ETF has a twelve month low of $18.27 and a twelve month high of $24.50. The company has a 50-day moving average of $23.25 and a two-hundred day moving average of $23.02.

iShares International Developed Real Estate ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Monday, December 15th were given a dividend of $0.3118 per share. The ex-dividend date was Monday, December 15th. This represents a $1.25 annualized dividend and a yield of 5.2%. This is a boost from iShares International Developed Real Estate ETF’s previous quarterly dividend of $0.18.

iShares International Developed Real Estate ETF Company Profile

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.