iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Update

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 12,600 shares, a drop of 35.7% from the February 28th total of 19,600 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is presently 0.4 days.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

Shares of iShares ESG Advanced High Yield Corporate Bond ETF stock traded down $0.04 during trading on Monday, reaching $46.31. The company’s stock had a trading volume of 9,246 shares, compared to its average volume of 16,398. The company has a 50-day moving average price of $46.62 and a two-hundred day moving average price of $46.68. iShares ESG Advanced High Yield Corporate Bond ETF has a fifty-two week low of $44.31 and a fifty-two week high of $48.28.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

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

Institutional Investors 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 raised its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,631 shares of the company’s stock after acquiring an additional 5,741 shares during the period. iShares ESG Advanced High Yield Corporate Bond ETF makes up 1.5% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Financial Network Wealth Management LLC owned 2.65% of iShares ESG Advanced High Yield Corporate Bond ETF worth $4,279,000 as of its most recent filing with the Securities & Exchange Commission.

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.