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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 6,131 shares, a decline of 51.8% from the June 30th total of 12,707 shares. Based on an average daily trading volume, of 52,680 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its position in iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% in the fourth quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock worth $90,000 after buying an additional 530 shares during the last quarter. Flow Traders U.S. LLC bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter valued at $210,000. Heartland Bank & Trust Co bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the first quarter valued at $258,000. Farmers National Bank raised its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the first quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after acquiring an additional 239 shares during the period. Finally, FinArc Investments Inc. purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at $292,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

NASDAQ:HYXF traded down $0.06 during trading hours on Wednesday, reaching $46.31. The stock had a trading volume of 33,627 shares, compared to its average volume of 19,518. iShares ESG Advanced High Yield Corporate Bond ETF has a 52 week low of $45.70 and a 52 week high of $47.62. The company has a 50 day moving average price of $46.54 and a two-hundred day moving average price of $46.74.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.2295 dividend. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

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.