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

iShares International Dividend Growth ETF (BATS:IGRO) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 22,005 shares, a growth of 121.8% from the July 15th total of 9,919 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 40,630 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares International Dividend Growth ETF during the 4th quarter valued at about $41,000. Arax Advisory Partners purchased a new stake in shares of iShares International Dividend Growth ETF in the fourth quarter worth about $86,000. Triumph Capital Management purchased a new stake in shares of iShares International Dividend Growth ETF in the third quarter worth about $108,000. Imprint Wealth LLC purchased a new stake in shares of iShares International Dividend Growth ETF in the third quarter worth about $235,000. Finally, Farther Finance Advisors LLC grew its holdings in iShares International Dividend Growth ETF by 26.0% during 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 during the period.

iShares International Dividend Growth ETF Trading Down 0.2%

BATS:IGRO opened at $92.49 on Friday. The company has a market cap of $1.41 billion, a PE ratio of 16.33 and a beta of 0.74. iShares International Dividend Growth ETF has a twelve month low of $78.18 and a twelve month high of $93.56. The company’s 50 day moving average is $89.69 and its two-hundred day moving average is $87.80.

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.