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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,013 shares, a decrease of 61.7% from the April 30th total of 26,112 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 23,683 shares, the days-to-cover ratio is currently 0.4 days.

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

Hedge funds have recently bought and sold shares of the business. Rossby Financial LCC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth $31,000. Farther Finance Advisors LLC lifted its holdings 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 buying an additional 530 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth $210,000. Heartland Bank & Trust Co purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter worth $258,000. Finally, FinArc Investments Inc. purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter worth $292,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Up 0.2%

Shares of iShares ESG Advanced High Yield Corporate Bond ETF stock opened at $46.87 on Friday. The stock’s fifty day moving average is $46.55 and its two-hundred day moving average is $46.94. iShares ESG Advanced High Yield Corporate Bond ETF has a 52 week low of $45.70 and a 52 week high of $49.11.

iShares ESG Advanced High Yield Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.2306 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Friday, May 1st.

About iShares ESG Advanced High Yield Corporate Bond ETF

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.