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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 1,468 shares, a decline of 83.9% from the January 15th total of 9,144 shares. Based on an average daily volume of 13,211 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 13,211 shares, the short-interest ratio is presently 0.1 days.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

Shares of HYXF traded down $0.07 during mid-day trading on Thursday, reaching $47.21. The company’s stock had a trading volume of 9,754 shares, compared to its average volume of 14,433. The business has a fifty day moving average of $47.29 and a 200 day moving average of $47.27. 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 firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2338 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 5.9%.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in HYXF. Farther Finance Advisors LLC boosted its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4,456.7% during the third quarter. Farther Finance Advisors LLC now owns 1,367 shares of the company’s stock worth $65,000 after purchasing an additional 1,337 shares during the period. iA Global Asset Management Inc. purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth approximately $1,061,000. Rossby Financial LCC acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter valued at $31,000. Olde Wealth Management LLC purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter valued at $1,185,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter worth $210,000.

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.