iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Stock Short Interest Rises 61.4%

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant increase in short interest in the month of 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. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 12,172 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Continuum Advisory LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter worth $126,000. Heartland Bank & Trust Co bought a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the 2nd quarter valued at approximately $258,000. Farmers National Bank boosted its stake in iShares ESG Advanced High Yield Corporate Bond ETF by 4.2% during 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. FinArc Investments Inc. bought a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the 1st quarter valued at approximately $292,000. Finally, Bank of New York Mellon Corp acquired a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the 1st quarter valued at approximately $626,000.

iShares ESG Advanced High Yield Corporate Bond ETF Trading Down 0.3%

Shares of HYXF stock traded down $0.12 on Friday, reaching $44.83. 19,892 shares of the stock were exchanged, compared to its average volume of 19,169. The firm has a 50 day moving average of $45.84 and a two-hundred day moving average of $46.31. iShares ESG Advanced High Yield Corporate Bond ETF has a 1-year low of $44.49 and a 1-year high of $47.59.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.2351 dividend. This represents a $2.82 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.2322.

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.