iShares International Dividend Growth ETF (BATS:IGRO) Sees Significant Decline in Short Interest

iShares International Dividend Growth ETF (BATS:IGRO) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 9,919 shares, a drop of 53.6% from the June 30th total of 21,380 shares. Based on an average trading volume of 32,648 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

iShares International Dividend Growth ETF Price Performance

Shares of BATS:IGRO opened at $90.74 on Tuesday. The firm has a market capitalization of $1.38 billion, a PE ratio of 16.33 and a beta of 0.74. The business has a 50-day moving average of $88.55 and a two-hundred day moving average of $87.10. iShares International Dividend Growth ETF has a 12 month low of $75.66 and a 12 month high of $90.82.

Institutional Trading of iShares International Dividend Growth ETF

A number of institutional investors have recently modified their holdings of the company. Commonwealth Retirement Investments LLC acquired a new stake in iShares International Dividend Growth ETF during the 4th quarter worth approximately $41,000. Arax Advisory Partners purchased a new stake in iShares International Dividend Growth ETF during the fourth quarter worth approximately $86,000. Triumph Capital Management purchased a new stake in iShares International Dividend Growth ETF during the third quarter worth approximately $108,000. Imprint Wealth LLC acquired a new stake in shares of iShares International Dividend Growth ETF in the third quarter worth $235,000. Finally, Farther Finance Advisors LLC increased its position in shares of iShares International Dividend Growth ETF by 26.0% in the fourth quarter. Farther Finance Advisors LLC now owns 5,661 shares of the company’s stock worth $469,000 after acquiring an additional 1,169 shares in the last quarter.

About iShares International Dividend Growth ETF

The iShares International Dividend Growth ETF (IGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of international equities that have growing dividends. IGRO was launched on May 17, 2016 and is managed by BlackRock.