iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF) Short Interest Up 101.8% in April

Posted by Gary Stephens on Apr 28th, 2024

iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF – Get Free Report) was the target of a large growth in short interest in 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 short-interest ratio is presently 2.3 days.

iShares ESG Advanced High Yield Corporate Bond ETF Price Performance

HYXF traded up $0.17 during midday trading on Friday, hitting $44.80. 6,781 shares of the company traded hands, compared to its average volume of 9,344. The company’s 50-day moving average is $45.22 and its 200 day 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 business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2847 per share. This represents a $3.42 annualized dividend and a yield of 7.63%. The ex-dividend date was Monday, April 1st.

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. Cambridge Investment Research Advisors Inc. raised its stake in shares of iShares ESG Advanced High Yield Corporate Bond ETF (NASDAQ:HYXF – Free Report) by 5.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 12,925 shares of the company’s stock after acquiring an additional 686 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.48% of iShares ESG Advanced High Yield Corporate Bond ETF worth $558,000 as of its most recent SEC filing.

About iShares ESG Advanced High Yield Corporate Bond ETF

(Get Free Report)

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.