iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 72.2% in June

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 315,341 shares, a decrease of 72.2% from the June 15th total of 1,135,954 shares. Based on an average daily volume of 986,067 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

iShares Global Infrastructure ETF Stock Up 0.2%

iShares Global Infrastructure ETF stock traded up $0.16 during trading hours on Friday, hitting $66.91. The stock had a trading volume of 573,536 shares, compared to its average volume of 883,697. The business’s 50 day simple moving average is $66.84 and its 200-day simple moving average is $66.11. iShares Global Infrastructure ETF has a one year low of $58.12 and a one year high of $69.60. The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently disclosed 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 of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

Several hedge funds have recently added to or reduced their stakes in the business. BlueChip Wealth Advisors LLC grew its holdings in iShares Global Infrastructure ETF by 3.6% during the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock worth $285,000 after acquiring an additional 149 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of iShares Global Infrastructure ETF by 1.4% during the first quarter. NewEdge Advisors LLC now owns 11,610 shares of the company’s stock valued at $778,000 after acquiring an additional 159 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 1.4% during the first quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock worth $836,000 after purchasing an additional 169 shares during the period. National Bank of Canada FI lifted its holdings in shares of iShares Global Infrastructure ETF by 12.3% during the third quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock worth $100,000 after purchasing an additional 179 shares during the period. Finally, Worth Financial Advisory Group LLC grew its stake in shares of iShares Global Infrastructure ETF by 2.2% in the fourth quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock worth $520,000 after purchasing an additional 185 shares during the last quarter.

About iShares Global Infrastructure ETF

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.