iShares Global Infrastructure ETF (NASDAQ:IGF) Short Interest Down 59.8% in October

iShares Global Infrastructure ETF (NASDAQ:IGF) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 518,900 shares, a decrease of 59.8% from the October 15th total of 1,290,000 shares. Based on an average trading volume of 481,100 shares, the days-to-cover ratio is currently 1.1 days.

iShares Global Infrastructure ETF Trading Up 0.9 %

IGF traded up $0.49 during midday trading on Friday, reaching $53.85. The company’s stock had a trading volume of 283,814 shares, compared to its average volume of 389,314. iShares Global Infrastructure ETF has a twelve month low of $43.84 and a twelve month high of $55.32. The stock has a market cap of $4.33 billion, a P/E ratio of 22.20 and a beta of 0.80. The company has a fifty day simple moving average of $54.03 and a 200 day simple moving average of $51.27.

Hedge Funds Weigh In On iShares Global Infrastructure ETF

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

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.