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

by · The Markets Daily

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,000 shares, a growth of 11.1% from the November 30th total of 5,400 shares. Based on an average trading volume of 11,800 shares, the days-to-cover ratio is presently 0.5 days.

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. One Capital Management LLC raised its stake in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF – Free Report) by 7.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,437 shares of the company’s stock after buying an additional 425 shares during the quarter. One Capital Management LLC owned approximately 0.21% of iShares ESG Advanced High Yield Corporate Bond ETF worth $291,000 at the end of the most recent quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Down 0.1 %

HYXF traded down $0.06 on Wednesday, hitting $46.19. 4,932 shares of the company’s stock were exchanged, compared to its average volume of 11,312. The firm has a 50-day moving average price of $46.67 and a 200-day moving average price of $46.39. iShares ESG Advanced High Yield Corporate Bond ETF has a fifty-two week low of $44.31 and a fifty-two week high of $47.37.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2539 per share. This represents a $3.05 annualized dividend and a yield of 6.60%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.24.

iShares ESG Advanced High Yield Corporate Bond ETF Company Profile

(Get Free Report)

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.

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