Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Rises By 88.8%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,574 shares, an increase of 88.8% from the July 15th total of 6,131 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 12,109 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

Institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth about $210,000. Farther Finance Advisors LLC boosted its holdings in 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 valued at $90,000 after purchasing an additional 530 shares during the period. iA Global Asset Management Inc. grew its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 31.3% during the 4th quarter. iA Global Asset Management Inc. now owns 29,350 shares of the company’s stock worth $1,387,000 after purchasing an additional 7,000 shares in the last quarter. One Capital Management LLC grew its position 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 worth $886,000 after purchasing an additional 987 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter worth approximately $626,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

HYXF traded down $0.09 during trading on Friday, hitting $46.44. The stock had a trading volume of 4,137 shares, compared to its average volume of 19,612. The company has a 50 day moving average price of $46.50 and a 200-day moving average price of $46.65. iShares ESG Advanced High Yield Corporate Bond ETF has a one year low of $45.70 and a one year high of $47.62.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2423 per share. This is an increase from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Monday, August 3rd.

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.