iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Up 30.2% in February

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 5,600 shares, a growth of 30.2% from the January 31st total of 4,300 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is presently 0.5 days.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

NASDAQ HYXF traded down $0.05 during mid-day trading on Thursday, reaching $46.56. The stock had a trading volume of 2,469 shares, compared to its average volume of 14,437. iShares ESG Advanced High Yield Corporate Bond ETF has a 1 year low of $44.31 and a 1 year high of $48.28. The company has a fifty day moving average price of $46.58 and a 200 day moving average price of $46.70.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.2494 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is an increase from iShares ESG Advanced High Yield Corporate Bond ETF’s previous dividend of $0.25.

Hedge Funds 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. Financial Network Wealth Management LLC boosted its holdings in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 6.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 92,631 shares of the company’s stock after buying an additional 5,741 shares during the period. iShares ESG Advanced High Yield Corporate Bond ETF accounts for approximately 1.5% of Financial Network Wealth Management LLC’s holdings, making the stock its 13th biggest position. Financial Network Wealth Management LLC owned about 2.65% of iShares ESG Advanced High Yield Corporate Bond ETF worth $4,279,000 at the end of the most recent quarter.

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.