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) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 26,112 shares, a growth of 164.1% from the April 15th total of 9,888 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 11,453 shares, the short-interest ratio is currently 2.3 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HYXF. Rossby Financial LCC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter valued at $31,000. Farther Finance Advisors LLC raised its position in shares of 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 valued at $90,000 after buying an additional 530 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter worth about $210,000. Heartland Bank & Trust Co acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter worth approximately $258,000. Finally, Bank of New York Mellon Corp purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at approximately $626,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ HYXF opened at $46.59 on Friday. iShares ESG Advanced High Yield Corporate Bond ETF has a 52 week low of $45.70 and a 52 week high of $49.11. The firm has a 50-day moving average price of $46.54 and a 200 day moving average price of $46.99.

iShares ESG Advanced High Yield Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.2306 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a 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.