iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Sees Large Drop in Short Interest

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXFGet Free Report) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 12,600 shares, a drop of 35.7% from the February 28th total of 19,600 shares. Based on an average daily volume of 29,100 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

HYXF traded down $0.06 during trading on Friday, hitting $46.33. 16,657 shares of the company’s stock were exchanged, compared to its average volume of 16,427. The business’s 50 day moving average is $46.63 and its two-hundred day moving average is $46.69. iShares ESG Advanced High Yield Corporate Bond ETF has a fifty-two week low of $44.31 and a fifty-two week high of $48.28.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.2494 dividend. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

An institutional investor recently raised its position in iShares ESG Advanced High Yield Corporate Bond ETF stock. Financial Network Wealth Management LLC increased its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXFFree Report) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,631 shares of the company’s stock after buying an additional 5,741 shares during the quarter. iShares ESG Advanced High Yield Corporate Bond ETF accounts for 1.5% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Financial Network Wealth Management LLC owned 2.65% of iShares ESG Advanced High Yield Corporate Bond ETF worth $4,279,000 as of its most recent filing with the Securities and Exchange Commission.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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.

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