iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Stock Short Interest Climbs 61.4%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 10,620 shares, an increase of 61.4% from the September 15th total of 6,578 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 12,172 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the stock. Continuum Advisory LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $126,000. Heartland Bank & Trust Co acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the second quarter worth $258,000. Farmers National Bank lifted its stake in iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the first quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after buying an additional 239 shares during the last quarter. FinArc Investments Inc. bought a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at $292,000. Finally, Bank of New York Mellon Corp bought a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at $626,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

NASDAQ HYXF traded down $0.04 during trading hours on Friday, reaching $44.91. The company’s stock had a trading volume of 2,713 shares, compared to its average volume of 19,071. The business has a 50-day simple moving average of $45.87 and a 200 day simple moving average of $46.32. iShares ESG Advanced High Yield Corporate Bond ETF has a 52 week low of $44.49 and a 52 week high of $47.59.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2351 per share. This represents a $2.82 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.2322.

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.