Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Drops By 41.7%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 5,740 shares, a decline of 41.7% from the February 26th total of 9,838 shares. Based on an average daily trading volume, of 35,048 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its position in iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% during the 4th quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock worth $90,000 after purchasing an additional 530 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter worth $31,000. One Capital Management LLC raised its holdings 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 worth $886,000 after buying an additional 987 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth $210,000. Finally, iA Global Asset Management Inc. grew its holdings in shares of 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 valued at $1,387,000 after buying an additional 7,000 shares during the last quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Down 0.3%

NASDAQ:HYXF traded down $0.12 during mid-day trading on Friday, hitting $45.84. 15,364 shares of the company’s stock traded hands, compared to its average volume of 20,469. The company has a fifty day moving average of $46.97 and a 200 day moving average of $47.16. iShares ESG Advanced High Yield Corporate Bond ETF has a twelve month low of $43.09 and a twelve month high of $49.11.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.2343 per share. This represents a c) annualized dividend and a dividend yield of 6.1%. This is an increase from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date was Monday, March 2nd.

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.