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 large decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,891 shares, a decline of 65.6% from the May 31st total of 14,207 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 13,460 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its position 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 acquiring an additional 530 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth $210,000. Heartland Bank & Trust Co acquired a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the first quarter worth $258,000. Farmers National Bank grew its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the first quarter. Farmers National Bank now owns 5,986 shares of the company’s stock worth $277,000 after purchasing an additional 239 shares during the last quarter. Finally, FinArc Investments Inc. bought a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter worth $292,000.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

iShares ESG Advanced High Yield Corporate Bond ETF stock remained flat at $46.72 during trading hours on Tuesday. The company’s stock had a trading volume of 9,234 shares, compared to its average volume of 17,376. The business has a 50 day moving average of $46.65 and a 200 day moving average of $46.86. iShares ESG Advanced High Yield Corporate Bond ETF has a 1 year low of $45.70 and a 1 year high of $47.62.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.2276 dividend. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date was Monday, June 1st.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

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.