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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 10,013 shares, a decrease of 61.7% from the April 30th total of 26,112 shares. Based on an average daily trading volume, of 23,683 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Up 0.2%

Shares of HYXF stock opened at $46.87 on Friday. iShares ESG Advanced High Yield Corporate Bond ETF has a twelve month low of $45.70 and a twelve month high of $49.11. The stock has a fifty day simple moving average of $46.55 and a two-hundred day simple moving average of $46.94.

iShares ESG Advanced High Yield Corporate Bond ETF Dividend Announcement

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

Institutional Investors Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in HYXF. Olde Wealth Management LLC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter worth $1,185,000. Rossby Financial LCC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter worth $31,000. One Capital Management LLC lifted its stake in shares of 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 worth $886,000 after purchasing an additional 987 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter worth $626,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter worth $210,000.

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.