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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 6,131 shares, a decline of 51.8% from the June 30th total of 12,707 shares. Based on an average daily volume of 52,680 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

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

Several institutional investors have recently bought and sold shares of HYXF. Farmers National Bank increased its holdings in iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% in the 1st quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after acquiring an additional 239 shares during the last quarter. FinArc Investments Inc. bought a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at about $292,000. Heartland Bank & Trust Co bought a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at about $258,000. Bank of New York Mellon Corp bought a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at about $626,000. Finally, One Capital Management LLC grew its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% during the fourth quarter. One Capital Management LLC now owns 18,753 shares of the company’s stock valued at $886,000 after purchasing an additional 987 shares in the last quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Up 0.2%

HYXF stock traded up $0.09 during midday trading on Tuesday, hitting $46.33. The company’s stock had a trading volume of 13,884 shares, compared to its average volume of 19,400. iShares ESG Advanced High Yield Corporate Bond ETF has a 12 month low of $45.70 and a 12 month high of $47.62. The company has a 50 day moving average of $46.54 and a two-hundred day moving average of $46.75.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.2295 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, July 1st.

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.