iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Down 65.6% in June

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 4,891 shares, a decrease of 65.6% from the May 31st total of 14,207 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 13,460 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Olde Wealth Management LLC acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth about $1,185,000. Farther Finance Advisors LLC boosted its holdings in iShares ESG Advanced High Yield Corporate Bond ETF by 38.8% in the 4th quarter. Farther Finance Advisors LLC now owns 1,897 shares of the company’s stock valued at $90,000 after purchasing an additional 530 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $210,000. Bank of New York Mellon Corp purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at approximately $626,000. Finally, Farmers National Bank increased its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% during the 1st quarter. Farmers National Bank now owns 5,986 shares of the company’s stock worth $277,000 after buying an additional 239 shares during the last quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:HYXF traded down $0.03 during midday trading on Friday, hitting $46.67. The company had a trading volume of 5,507 shares, compared to its average volume of 17,547. iShares ESG Advanced High Yield Corporate Bond ETF has a twelve month low of $45.70 and a twelve month high of $47.62. The business’s 50-day simple moving average is $46.65 and its 200-day simple moving average is $46.86.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.2276 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

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.