iShares International Developed Real Estate ETF (NASDAQ:IFGL) Short Interest Down 9.5% in September

Share on StockTwits

iShares International Developed Real Estate ETF (NASDAQ:IFGL) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 41,900 shares, a drop of 9.5% from the August 31st total of 46,300 shares. Based on an average trading volume of 67,000 shares, the short-interest ratio is presently 0.6 days.

A hedge fund recently raised its stake in iShares International Developed Real Estate ETF stock. Bank of New York Mellon Corp lifted its position in shares of iShares International Developed Real Estate ETF (NASDAQ:IFGL) by 56.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,652 shares of the company’s stock after purchasing an additional 39,759 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.03% of iShares International Developed Real Estate ETF worth $2,541,000 as of its most recent filing with the Securities and Exchange Commission.

Shares of IFGL stock traded up $0.05 during trading on Friday, reaching $24.32. The company had a trading volume of 41,321 shares, compared to its average volume of 87,444. The firm’s 50 day simple moving average is $24.42 and its two-hundred day simple moving average is $23.15. iShares International Developed Real Estate ETF has a one year low of $17.75 and a one year high of $30.98.

Featured Story: What is included in the gross domestic product?

Receive News & Ratings for iShares International Developed Real Estate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares International Developed Real Estate ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply