iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Update

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,900,000 shares, an increase of 123.3% from the January 15th total of 851,000 shares. Based on an average daily trading volume, of 874,600 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

Several large investors have recently made changes to their positions in IGF. Northwest Investment Counselors LLC bought a new stake in iShares Global Infrastructure ETF during the 3rd quarter valued at about $26,000. Centricity Wealth Management LLC bought a new stake in shares of iShares Global Infrastructure ETF in the 4th quarter worth $33,000. West Oak Capital LLC raised its stake in shares of iShares Global Infrastructure ETF by 2,500.0% in the fourth quarter. West Oak Capital LLC now owns 650 shares of the company’s stock worth $34,000 after purchasing an additional 625 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in shares of iShares Global Infrastructure ETF during the fourth quarter valued at $44,000. Finally, Exchange Traded Concepts LLC purchased a new stake in shares of iShares Global Infrastructure ETF during the third quarter valued at $45,000.

iShares Global Infrastructure ETF Stock Performance

Shares of NASDAQ IGF traded up $0.18 during midday trading on Thursday, hitting $54.28. 302,100 shares of the company traded hands, compared to its average volume of 893,975. iShares Global Infrastructure ETF has a 12-month low of $44.01 and a 12-month high of $55.79. The firm has a market cap of $5.30 billion, a P/E ratio of 22.20 and a beta of 0.80. The stock has a 50-day moving average price of $53.25 and a 200 day moving average price of $53.23.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.849 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.