Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Rises By 479.8%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 8,512 shares, a growth of 479.8% from the January 29th total of 1,468 shares. Based on an average daily volume of 16,945 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 16,945 shares, the days-to-cover ratio is currently 0.5 days.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:HYXF opened at $47.09 on Thursday. The stock’s 50-day moving average is $47.30 and its 200 day moving average is $47.28. iShares ESG Advanced High Yield Corporate Bond ETF has a 1 year low of $43.09 and a 1 year high of $49.11.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.2338 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.0%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. iA Global Asset Management Inc. boosted its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 31.3% during the fourth quarter. iA Global Asset Management Inc. now owns 29,350 shares of the company’s stock valued at $1,387,000 after purchasing an additional 7,000 shares in the last quarter. Olde Wealth Management LLC purchased a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter valued at $1,185,000. One Capital Management LLC boosted its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% during the 4th quarter. One Capital Management LLC now owns 18,753 shares of the company’s stock valued at $886,000 after buying an additional 987 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth about $210,000. Finally, Farther Finance Advisors LLC lifted its position in iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock valued at $90,000 after acquiring an additional 530 shares during the period.

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.