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

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 10,620 shares, an increase of 61.4% from the September 15th total of 6,578 shares. Based on an average daily trading volume, of 12,172 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

Shares of HYXF stock opened at $44.83 on Friday. The company’s 50-day moving average price is $45.84 and its 200-day moving average price is $46.31. iShares ESG Advanced High Yield Corporate Bond ETF has a twelve month low of $44.49 and a twelve month high of $47.59.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2351 per share. This is an increase from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.2322. This represents a $2.82 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Thursday, October 1st.

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

Several institutional investors have recently modified their holdings of HYXF. Bank of New York Mellon Corp purchased a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the first quarter worth approximately $626,000. FinArc Investments Inc. acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at $292,000. Farmers National Bank boosted its position in shares of 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 purchasing an additional 239 shares during the period. Heartland Bank & Trust Co acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at approximately $258,000. Finally, Continuum Advisory LLC purchased a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter worth $126,000.

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.