iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Sees Significant Growth in Short Interest

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 22,600 shares, a growth of 101.8% from the March 31st total of 11,200 shares. Based on an average trading volume of 9,800 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares ESG Advanced High Yield Corporate Bond ETF stock. Cambridge Investment Research Advisors Inc. grew its position in iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,925 shares of the company’s stock after buying an additional 686 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.48% of iShares ESG Advanced High Yield Corporate Bond ETF worth $558,000 at the end of the most recent quarter.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:HYXF traded up $0.17 during trading hours on Friday, hitting $44.80. 6,781 shares of the company’s stock traded hands, compared to its average volume of 9,344. The company’s fifty day simple moving average is $45.22 and its two-hundred day simple moving average is $44.69. iShares ESG Advanced High Yield Corporate Bond ETF has a 52 week low of $41.99 and a 52 week high of $46.00.

iShares ESG Advanced High Yield Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.2847 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.42 annualized dividend and a yield of 7.63%.

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.