iShares Global Infrastructure ETF (NASDAQ:IGF) Sees Large Growth in Short Interest

iShares Global Infrastructure ETF (NASDAQ:IGF) saw a significant growth in short interest during 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 company’s stock are sold short. Based on an average daily volume of 577,803 shares, the short-interest ratio is currently 1.6 days.

iShares Global Infrastructure ETF Trading Down 0.1%

Shares of iShares Global Infrastructure ETF stock opened at $66.79 on Wednesday. The company has a fifty day simple moving average of $66.78 and a 200-day simple moving average of $66.56. The stock has a market cap of $10.93 billion, a price-to-earnings ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a 12-month low of $58.59 and a 12-month high of $69.60.

iShares Global Infrastructure ETF Dividend Announcement

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

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Hedge funds have recently made changes to their positions in the company. BlueChip Wealth Advisors LLC lifted its holdings in shares of iShares Global Infrastructure ETF by 3.6% in the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock valued at $285,000 after purchasing an additional 149 shares during the last quarter. NewEdge Advisors LLC grew its stake in iShares Global Infrastructure ETF by 1.4% during the 1st quarter. NewEdge Advisors LLC now owns 11,610 shares of the company’s stock worth $778,000 after buying an additional 159 shares during the last quarter. Waverly Advisors LLC increased its position in 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 buying an additional 169 shares during the period. National Bank of Canada FI increased its position in 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 buying an additional 179 shares during the period. Finally, Worth Financial Advisory Group LLC lifted its stake in 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 valued at $520,000 after buying an additional 185 shares during the last quarter.

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.