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 significant drop in short interest in the month of 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. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 4,609,886 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in SPDR Bloomberg Short Term High Yield Bond ETF by 28.7% during the 2nd quarter. NewEdge Advisors LLC now owns 310,422 shares of the company’s stock worth $7,770,000 after acquiring an additional 69,152 shares during the period. Moulton Wealth Management Inc. boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 32.7% in the second quarter. Moulton Wealth Management Inc. now owns 245,850 shares of the company’s stock worth $6,119,000 after purchasing an additional 60,542 shares during the period. WT Wealth Management boosted its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 48.2% in the first quarter. WT Wealth Management now owns 85,496 shares of the company’s stock worth $2,136,000 after purchasing an additional 27,810 shares during the period. Blue Capital Inc. increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 27.6% in the first quarter. Blue Capital Inc. now owns 277,606 shares of the company’s stock worth $6,935,000 after purchasing an additional 60,112 shares in the last quarter. Finally, Mason & Associates Inc raised its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 7.4% during the 1st quarter. Mason & Associates Inc now owns 630,741 shares of the company’s stock valued at $15,636,000 after purchasing an additional 43,313 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Down 0.4%

SPDR Bloomberg Short Term High Yield Bond ETF stock traded down $0.10 on Wednesday, hitting $24.09. 364,550 shares of the stock traded hands, compared to its average volume of 3,264,676. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.58. The firm has a market cap of $4.38 billion, a P/E ratio of 0.90 and a beta of 0.30. The business’s fifty day simple moving average is $24.62 and its 200 day simple moving average is $24.86.

About SPDR Bloomberg Short Term High Yield Bond ETF

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.