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 large decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,475 shares, a decline of 39.8% from the August 15th total of 14,079 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 9,266 shares, the days-to-cover ratio is currently 0.9 days.

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

NASDAQ:HYXF traded down $0.11 during trading hours on Friday, reaching $45.83. 6,781 shares of the company’s stock were exchanged, compared to its average volume of 18,722. iShares ESG Advanced High Yield Corporate Bond ETF has a 1-year low of $45.70 and a 1-year high of $47.62. The company has a 50-day moving average of $46.34 and a 200 day moving average of $46.49.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.2322 dividend. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date was Tuesday, September 1st.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the company. Continuum Advisory LLC acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the second quarter worth about $126,000. Heartland Bank & Trust Co acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the second quarter valued at about $258,000. Farmers National Bank boosted its holdings in iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the 1st quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after purchasing an additional 239 shares in the last quarter. FinArc Investments Inc. purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at approximately $292,000. Finally, Bank of New York Mellon Corp purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at approximately $626,000.

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.