Short Interest in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Decreases By 61.7%

by · The Markets Daily

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF – Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 10,013 shares, a drop of 61.7% from the April 30th total of 26,112 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 23,683 shares, the days-to-cover ratio is currently 0.4 days.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Down 0.6%

HYXF stock traded down $0.28 during trading on Monday, hitting $46.59. 16,133 shares of the company traded hands, compared to its average volume of 18,252. The stock’s 50-day simple moving average is $46.55 and its 200 day simple moving average is $46.94. iShares ESG Advanced High Yield Corporate Bond ETF has a 1 year low of $45.70 and a 1 year high of $47.62.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a $0.2276 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, June 1st.

Institutional Trading of iShares ESG Advanced High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the business. FinArc Investments Inc. acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at approximately $292,000. Heartland Bank & Trust Co acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter valued at approximately $258,000. Bank of New York Mellon Corp acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter worth approximately $626,000. One Capital Management LLC boosted its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 5.6% in the fourth quarter. One Capital Management LLC now owns 18,753 shares of the company’s stock worth $886,000 after acquiring an additional 987 shares during the last quarter. Finally, iA Global Asset Management Inc. boosted its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 31.3% in the fourth quarter. iA Global Asset Management Inc. now owns 29,350 shares of the company’s stock worth $1,387,000 after acquiring an additional 7,000 shares during the last quarter.

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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