Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Decreases By 51.8%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,131 shares, a decline of 51.8% from the June 30th total of 12,707 shares. Based on an average daily trading volume, of 52,680 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in HYXF. Farmers National Bank increased its holdings in iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the 1st quarter. Farmers National Bank now owns 5,986 shares of the company’s stock worth $277,000 after acquiring an additional 239 shares in the last quarter. FinArc Investments Inc. purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at $292,000. Heartland Bank & Trust Co bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter worth $258,000. Bank of New York Mellon Corp purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter worth $626,000. Finally, One Capital Management LLC lifted its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% in the fourth 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.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ HYXF traded up $0.09 during midday trading on Tuesday, hitting $46.33. 13,884 shares of the stock traded hands, compared to its average volume of 19,400. iShares ESG Advanced High Yield Corporate Bond ETF has a one year low of $45.70 and a one year high of $47.62. The firm has a 50-day moving average of $46.54 and a two-hundred day moving average of $46.75.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2295 per share. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.