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

iShares International Dividend Growth ETF (BATS:IGRO) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 22,005 shares, a growth of 121.8% from the July 15th total of 9,919 shares. Based on an average trading volume of 40,630 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are short sold.

iShares International Dividend Growth ETF Stock Performance

IGRO opened at $92.49 on Friday. The stock’s 50 day moving average price is $89.69 and its 200-day moving average price is $87.80. iShares International Dividend Growth ETF has a one year low of $78.18 and a one year high of $93.56. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 16.33 and a beta of 0.74.

Institutional Trading of iShares International Dividend Growth ETF

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

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.