SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Short Interest Update

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 1,297,010 shares, a decrease of 55.7% from the December 15th total of 2,930,718 shares. Based on an average trading volume of 3,032,444 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 3,032,444 shares, the days-to-cover ratio is presently 0.4 days.

SPDR Bloomberg Short Term High Yield Bond ETF Stock Up 0.1%

Shares of SJNK traded up $0.02 during mid-day trading on Friday, hitting $25.45. The company had a trading volume of 2,621,672 shares, compared to its average volume of 3,717,397. SPDR Bloomberg Short Term High Yield Bond ETF has a 1-year low of $23.92 and a 1-year high of $25.65. The business’s 50-day simple moving average is $25.33 and its 200-day simple moving average is $25.40. The stock has a market cap of $5.29 billion, a PE ratio of 0.90 and a beta of 0.31.

Institutional Trading of SPDR Bloomberg Short Term High Yield Bond ETF

Institutional investors have recently made changes to their positions in the stock. Moss Adams Wealth Advisors LLC increased its position in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 2.5% during the second quarter. Moss Adams Wealth Advisors LLC now owns 16,644 shares of the company’s stock worth $424,000 after acquiring an additional 400 shares during the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 1.1% during the third quarter. Chesley Taft & Associates LLC now owns 35,950 shares of the company’s stock valued at $920,000 after purchasing an additional 400 shares during the last quarter. Private Trust Co. NA increased its position in SPDR Bloomberg Short Term High Yield Bond ETF by 25.3% in the third quarter. Private Trust Co. NA now owns 1,982 shares of the company’s stock worth $51,000 after buying an additional 400 shares during the period. Friedenthal Financial increased its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 3.7% in the 2nd quarter. Friedenthal Financial now owns 11,712 shares of the company’s stock worth $298,000 after acquiring an additional 419 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 0.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 117,172 shares of the company’s stock valued at $2,982,000 after purchasing an additional 436 shares during the period.

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.