iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Up 99.1% in August

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,206,385 shares, an increase of 99.1% from the August 15th total of 606,040 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 709,565 shares, the short-interest ratio is presently 1.7 days.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. LPL Financial LLC increased its holdings in iShares Global Infrastructure ETF by 3.4% in the 4th quarter. LPL Financial LLC now owns 9,787,317 shares of the company’s stock valued at $600,550,000 after purchasing an additional 320,532 shares in the last quarter. NorthRock Partners LLC grew its stake in shares of iShares Global Infrastructure ETF by 15.3% in the second quarter. NorthRock Partners LLC now owns 3,076,200 shares of the company’s stock valued at $204,875,000 after buying an additional 407,357 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of iShares Global Infrastructure ETF by 18.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,139,470 shares of the company’s stock valued at $142,318,000 after buying an additional 326,300 shares during the period. TD Waterhouse Canada Inc. lifted its position in iShares Global Infrastructure ETF by 12.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,713,680 shares of the company’s stock worth $112,819,000 after acquiring an additional 192,357 shares in the last quarter. Finally, Mariner LLC lifted its position in iShares Global Infrastructure ETF by 8.0% during the 4th quarter. Mariner LLC now owns 1,742,024 shares of the company’s stock worth $106,920,000 after acquiring an additional 128,478 shares in the last quarter.

iShares Global Infrastructure ETF Trading Down 0.3%

IGF traded down $0.16 during trading on Wednesday, hitting $62.96. 595,077 shares of the company’s stock were exchanged, compared to its average volume of 859,504. iShares Global Infrastructure ETF has a 1 year low of $60.03 and a 1 year high of $69.60. The stock has a 50 day moving average price of $65.94 and a 200 day moving average price of $66.68. The firm has a market cap of $10.13 billion, a P/E ratio of 20.10 and a beta of 0.60.

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.