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

iShares Global Infrastructure ETF (NASDAQ:IGF) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 641,700 shares, an increase of 40.2% from the May 31st total of 457,700 shares. Based on an average daily volume of 362,800 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On iShares Global Infrastructure ETF

A number of institutional investors have recently bought and sold shares of IGF. Nepc LLC raised its holdings in shares of iShares Global Infrastructure ETF by 61.9% in the 1st quarter. Nepc LLC now owns 585,886 shares of the company’s stock worth $27,900,000 after buying an additional 224,077 shares in the last quarter. Heartland Bank & Trust Co grew its holdings in shares of iShares Global Infrastructure ETF by 8.8% during the first quarter. Heartland Bank & Trust Co now owns 289,337 shares of the company’s stock worth $13,778,000 after purchasing an additional 23,464 shares during the last quarter. Coppell Advisory Solutions Corp. bought a new stake in iShares Global Infrastructure ETF during the 1st quarter worth about $438,000. Jane Street Group LLC increased its holdings in shares of iShares Global Infrastructure ETF by 288.8% in the first quarter. Jane Street Group LLC now owns 390,079 shares of the company’s stock valued at $18,576,000 after purchasing an additional 289,762 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. boosted its position in iShares Global Infrastructure ETF by 67.0% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 21,116 shares of the company’s stock valued at $1,006,000 after buying an additional 8,472 shares during the last quarter.

iShares Global Infrastructure ETF Stock Up 0.1 %

NASDAQ IGF traded up $0.05 during trading on Monday, hitting $47.97. The company’s stock had a trading volume of 464,765 shares, compared to its average volume of 382,629. iShares Global Infrastructure ETF has a 52 week low of $40.38 and a 52 week high of $50.75. The firm has a market cap of $3.59 billion, a P/E ratio of 22.20 and a beta of 0.80. The firm has a 50 day moving average price of $48.99 and a 200 day moving average price of $47.23.

iShares Global Infrastructure ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.8301 dividend. The ex-dividend date was Tuesday, June 11th.

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.