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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 26,112 shares, a growth of 164.1% from the April 15th total of 9,888 shares. Based on an average daily volume of 11,453 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.6% of the shares of the company are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

HYXF opened at $46.59 on Friday. The stock has a fifty day moving average of $46.54 and a 200-day moving average of $46.99. iShares ESG Advanced High Yield Corporate Bond ETF has a 12-month low of $45.70 and a 12-month high of $49.11.

iShares ESG Advanced High Yield Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a $0.2306 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Friday, May 1st.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Olde Wealth Management LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $1,185,000. iA Global Asset Management Inc. acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth approximately $1,061,000. Bank of New York Mellon Corp acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter worth approximately $626,000. Heartland Bank & Trust Co acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at $258,000. Finally, Flow Traders U.S. LLC bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter valued at $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.