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

by · The Cerbat Gem

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

Hedge Funds Weigh In On SPDR Bloomberg Short Term High Yield Bond ETF

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

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

SJNK stock traded down $0.10 during trading on Wednesday, reaching $24.09. The company’s stock had a trading volume of 364,550 shares, compared to its average volume of 3,264,676. The company’s fifty day moving average is $24.62 and its 200-day moving average is $24.86. The company has a market capitalization of $4.38 billion, a P/E ratio of 0.90 and a beta of 0.30. SPDR Bloomberg Short Term High Yield Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.58.

About SPDR Bloomberg Short Term High Yield Bond ETF

(Get Free Report)

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.

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