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

Posted by Financial News Live on Nov 30th, 2024

iShares Global Infrastructure ETF (NASDAQ:IGF – Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 786,700 shares, an increase of 51.6% from the October 31st total of 518,900 shares. Based on an average daily volume of 610,200 shares, the short-interest ratio is currently 1.3 days.

iShares Global Infrastructure ETF Price Performance

NASDAQ:IGF traded up $0.10 during trading hours on Friday, hitting $55.70. The company had a trading volume of 627,438 shares, compared to its average volume of 416,201. The stock has a 50-day moving average price of $54.39 and a 200 day moving average price of $51.67. The company has a market capitalization of $4.48 billion, a PE ratio of 22.20 and a beta of 0.80. iShares Global Infrastructure ETF has a 52 week low of $43.84 and a 52 week high of $55.79.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Northwest Investment Counselors LLC bought a new position in shares of iShares Global Infrastructure ETF in the 3rd quarter worth about $26,000. Quent Capital LLC increased its stake in shares of iShares Global Infrastructure ETF by 60.7% during the third quarter. Quent Capital LLC now owns 638 shares of the company’s stock valued at $35,000 after purchasing an additional 241 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of iShares Global Infrastructure ETF during the third quarter valued at approximately $45,000. First PREMIER Bank purchased a new position in shares of iShares Global Infrastructure ETF during the third quarter valued at approximately $76,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of iShares Global Infrastructure ETF in the 2nd quarter worth approximately $139,000.

About iShares Global Infrastructure ETF

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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.