iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Down 12.2% in January

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 4,300 shares, a decline of 12.2% from the January 15th total of 4,900 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is currently 0.5 days.

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

An institutional investor recently raised its position in iShares ESG Advanced High Yield Corporate Bond ETF stock. Financial Network Wealth Management LLC grew its position in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,631 shares of the company’s stock after purchasing an additional 5,741 shares during the quarter. iShares ESG Advanced High Yield Corporate Bond ETF makes up about 1.5% of Financial Network Wealth Management LLC’s investment portfolio, making the stock its 13th largest position. Financial Network Wealth Management LLC owned 2.65% of iShares ESG Advanced High Yield Corporate Bond ETF worth $4,279,000 at the end of the most recent reporting period.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

HYXF stock traded down $0.06 during midday trading on Tuesday, reaching $46.71. The company had a trading volume of 9,859 shares, compared to its average volume of 9,973. The firm has a 50-day moving average price of $46.52 and a 200-day moving average price of $46.64. iShares ESG Advanced High Yield Corporate Bond ETF has a 1 year low of $44.31 and a 1 year high of $48.28.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2486 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares ESG Advanced High Yield Corporate Bond ETF’s previous dividend of $0.25.

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.