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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 19,600 shares, an increase of 250.0% from the February 13th total of 5,600 shares. Based on an average daily volume of 17,700 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company’s stock are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:HYXF traded up $0.18 during midday trading on Friday, reaching $46.29. The company had a trading volume of 34,346 shares, compared to its average volume of 15,343. iShares ESG Advanced High Yield Corporate Bond ETF has a 1-year low of $44.31 and a 1-year high of $48.28. The business’s 50 day moving average price is $46.60 and its 200 day moving average price is $46.70.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

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

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

A hedge fund recently raised its stake in iShares ESG Advanced High Yield Corporate Bond ETF stock. Financial Network Wealth Management LLC lifted its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,631 shares of the company’s stock after buying an additional 5,741 shares during the period. iShares ESG Advanced High Yield Corporate Bond ETF comprises approximately 1.5% of Financial Network Wealth Management LLC’s investment 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 SEC.

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.