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 target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,891 shares, a drop of 65.6% from the May 31st total of 14,207 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 13,460 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Farmers National Bank raised its position in 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 worth $277,000 after acquiring an additional 239 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% in the 4th quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock worth $90,000 after purchasing an additional 530 shares during the last quarter. One Capital Management LLC raised its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% in the 4th quarter. One Capital Management LLC now owns 18,753 shares of the company’s stock worth $886,000 after purchasing an additional 987 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth approximately $210,000. Finally, Heartland Bank & Trust Co acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the first quarter valued at approximately $258,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

HYXF traded up $0.07 during trading on Monday, reaching $46.74. The stock had a trading volume of 4,823 shares, compared to its average volume of 17,443. The stock has a 50 day moving average of $46.65 and a two-hundred day moving average of $46.86. iShares ESG Advanced High Yield Corporate Bond ETF has a 1-year low of $45.70 and a 1-year high of $47.62.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2276 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 5.8%.

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.