Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Increases By 30.2%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 5,600 shares, an increase of 30.2% from the January 31st total of 4,300 shares. Based on an average trading volume of 10,500 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On 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 lifted its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 92,631 shares of the company’s stock after purchasing an additional 5,741 shares during the quarter. iShares ESG Advanced High Yield Corporate Bond ETF comprises 1.5% of Financial Network Wealth Management LLC’s portfolio, making the stock its 13th largest position. Financial Network Wealth Management LLC owned approximately 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 Stock Down 0.0 %

Shares of HYXF stock traded down $0.01 during mid-day trading on Tuesday, reaching $46.61. 10,665 shares of the company were exchanged, compared to its average volume of 14,892. The business’s 50 day simple moving average is $46.58 and its 200 day simple moving average is $46.70. 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 company also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.2494 dividend. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date of this dividend is Monday, March 3rd.

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.