Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Rises By 88.8%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,574 shares, an increase of 88.8% from the July 15th total of 6,131 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,109 shares, the short-interest ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Flow Traders U.S. LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter valued at about $210,000. Farther Finance Advisors LLC grew its stake in iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% during the fourth quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock worth $90,000 after buying an additional 530 shares in the last quarter. iA Global Asset Management Inc. grew its stake in 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. One Capital Management LLC increased its holdings in iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% in the 4th quarter. One Capital Management LLC now owns 18,753 shares of the company’s stock valued at $886,000 after buying an additional 987 shares during the period. Finally, 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 valued at approximately $626,000.

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

NASDAQ:HYXF traded down $0.09 during trading hours on Friday, reaching $46.44. 4,137 shares of the company were exchanged, compared to its average volume of 19,612. iShares ESG Advanced High Yield Corporate Bond ETF has a 1-year low of $45.70 and a 1-year high of $47.62. The business has a 50 day moving average of $46.50 and a 200 day moving average of $46.65.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.2423 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23.

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.