iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Up 247.3% in December

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 24,082 shares, a growth of 247.3% from the December 15th total of 6,934 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 15,165 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 15,165 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.6% of the shares of the company are short sold.

iShares ESG Advanced High Yield Corporate Bond ETF Stock Down 0.1%

NASDAQ:HYXF traded down $0.05 during trading hours on Wednesday, hitting $47.43. 17,422 shares of the company were exchanged, compared to its average volume of 11,681. iShares ESG Advanced High Yield Corporate Bond ETF has a 52-week low of $43.09 and a 52-week high of $49.11. The company’s 50 day moving average price is $47.19 and its 200-day moving average price is $47.24.

iShares ESG Advanced High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.2385 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. This is a boost from iShares ESG Advanced High Yield Corporate Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Friday, December 19th.

Hedge Funds Weigh In On iShares ESG Advanced High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rossby Financial LCC purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF during the 3rd quarter valued at about $31,000. Farther Finance Advisors LLC lifted its holdings in shares of iShares ESG Advanced High Yield Corporate Bond ETF by 4,456.7% during the third quarter. Farther Finance Advisors LLC now owns 1,367 shares of the company’s stock worth $65,000 after purchasing an additional 1,337 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF during the third quarter worth about $210,000. iA Global Asset Management Inc. purchased a new stake in iShares ESG Advanced High Yield Corporate Bond ETF in the third quarter valued at approximately $1,061,000. Finally, Olde Wealth Management LLC acquired a new position in iShares ESG Advanced High Yield Corporate Bond ETF in the 3rd quarter worth approximately $1,185,000.

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.