iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Sees Large Growth in Short Interest

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 5,600 shares, an increase of 30.2% from the January 31st total of 4,300 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

An institutional investor recently raised its position in iShares ESG Advanced High Yield Corporate Bond ETF stock. Financial Network Wealth Management LLC grew its stake in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,631 shares of the company’s stock after acquiring an additional 5,741 shares during the quarter. iShares ESG Advanced High Yield Corporate Bond ETF comprises about 1.5% of Financial Network Wealth Management LLC’s portfolio, making the stock its 13th biggest position. Financial Network Wealth Management LLC owned approximately 2.65% of iShares ESG Advanced High Yield Corporate Bond ETF worth $4,279,000 as of its most recent filing with the Securities and Exchange Commission.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Down 0.1 %

NASDAQ HYXF traded down $0.05 during trading on Thursday, reaching $46.56. 2,469 shares of the company’s stock traded hands, compared to its average volume of 14,437. iShares ESG Advanced High Yield Corporate Bond ETF has a 12-month low of $44.31 and a 12-month high of $48.28. The company’s 50 day simple moving average is $46.58 and its two-hundred day simple moving average is $46.70.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a dividend of $0.2494 per share. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares ESG Advanced High Yield Corporate Bond ETF

The iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market value-weighted index of high yield, USD-denominated corporate bonds screened for positive ESG ratings. HYXF was launched on Jun 14, 2016 and is managed by BlackRock.