Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Rises By 101.8%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 22,600 shares, an increase of 101.8% from the March 31st total of 11,200 shares. Based on an average trading volume of 9,800 shares, the short-interest ratio is currently 2.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in iShares ESG Advanced High Yield Corporate Bond ETF stock. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,925 shares of the company’s stock after buying an additional 686 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.48% of iShares ESG Advanced High Yield Corporate Bond ETF worth $558,000 at the end of the most recent quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:HYXF traded up $0.17 during trading on Friday, reaching $44.80. 6,781 shares of the company traded hands, compared to its average volume of 9,344. The business’s fifty day moving average is $45.22 and its 200-day moving average is $44.69. iShares ESG Advanced High Yield Corporate Bond ETF has a 52-week low of $41.99 and a 52-week high of $46.00.

iShares ESG Advanced High Yield Corporate Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.2847 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.42 annualized dividend and a dividend yield of 7.63%.

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.