iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Down 39.8% in August

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 8,475 shares, a decrease of 39.8% from the August 15th total of 14,079 shares. Based on an average trading volume of 9,266 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Up 0.3%

HYXF traded up $0.14 during trading on Thursday, hitting $45.94. The company’s stock had a trading volume of 5,093 shares, compared to its average volume of 18,795. iShares ESG Advanced High Yield Corporate Bond ETF has a one year low of $45.70 and a one year high of $47.62. The business’s 50 day simple moving average is $46.36 and its 200-day simple moving average is $46.50.

iShares ESG Advanced High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.2322 dividend. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Tuesday, September 1st.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Continuum Advisory LLC bought a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the 2nd quarter worth approximately $126,000. Heartland Bank & Trust Co purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $258,000. Farmers National Bank raised its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% during the first quarter. Farmers National Bank now owns 5,986 shares of the company’s stock valued at $277,000 after buying an additional 239 shares during the last quarter. FinArc Investments Inc. purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter worth $292,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of iShares ESG Advanced High Yield Corporate Bond ETF in the first quarter worth $626,000.

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.