SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Stock Short Interest Report for September

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 757,194 shares, a drop of 46.7% from the September 15th total of 1,419,451 shares. Based on an average daily trading volume, of 4,609,886 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of SPDR Bloomberg Short Term High Yield Bond ETF

Institutional investors have recently made changes to their positions in the company. First Bancorp Inc ME purchased a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth $28,000. Ascentis Independent Advisors acquired a new stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF in the first quarter valued at approximately $55,000. Continuum Advisory LLC purchased a new position in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter worth $58,000. Millstone Evans Group LLC increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 206.8% in the 1st quarter. Millstone Evans Group LLC now owns 2,973 shares of the company’s stock valued at $74,000 after acquiring an additional 2,004 shares during the period. Finally, Tucker Asset Management LLC acquired a new position in shares of SPDR Bloomberg Short Term High Yield Bond ETF during the second quarter worth about $74,000.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Performance

SPDR Bloomberg Short Term High Yield Bond ETF stock traded down $0.07 during mid-day trading on Friday, hitting $24.09. The company’s stock had a trading volume of 3,769,460 shares, compared to its average volume of 3,293,734. SPDR Bloomberg Short Term High Yield Bond ETF has a one year low of $23.99 and a one year high of $25.58. The stock has a market cap of $4.37 billion, a PE ratio of 0.90 and a beta of 0.30. The company has a 50 day moving average of $24.59 and a 200-day moving average of $24.85.

SPDR Bloomberg Short Term High Yield Bond ETF Company Profile

The SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of short-term publicly issued US high yield corporate bonds, with a remaining maturity of less than five years. SJNK was launched on Mar 15, 2012 and is managed by State Street.