Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Drops By 65.6%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 4,891 shares, a decrease of 65.6% from the May 31st total of 14,207 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 13,460 shares, the short-interest ratio is currently 0.4 days.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Down 0.1%

HYXF stock traded down $0.03 during trading on Friday, hitting $46.67. The stock had a trading volume of 5,507 shares, compared to its average volume of 17,547. The company’s 50-day moving average price is $46.65 and its two-hundred day moving average price is $46.86. iShares ESG Advanced High Yield Corporate Bond ETF has a twelve month low of $45.70 and a twelve month high of $47.62.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.2276 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. iA Global Asset Management Inc. grew its holdings 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 worth $1,387,000 after buying an additional 7,000 shares in the last quarter. Olde Wealth Management LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth about $1,185,000. One Capital Management LLC grew its stake in 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 acquiring an additional 987 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at about $626,000. Finally, FinArc Investments Inc. acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at about $292,000.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

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.