Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Declines By 35.7%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a significant drop in short interest in 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 trading volume, of 29,100 shares, the short-interest 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 Down 0.1 %

iShares ESG Advanced High Yield Corporate Bond ETF stock traded down $0.06 during trading hours on Friday, reaching $46.33. 16,657 shares of the company were exchanged, compared to its average volume of 16,427. iShares ESG Advanced High Yield Corporate Bond ETF has a 12 month low of $44.31 and a 12 month high of $48.28. The stock has a 50-day moving average of $46.63 and a 200 day moving average of $46.69.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2494 per share. 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 was Monday, March 3rd.

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

A hedge fund recently raised its stake in iShares ESG Advanced High Yield Corporate Bond ETF stock. Financial Network Wealth Management LLC raised its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 comprises 1.5% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. 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 SEC filing.

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.