SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) saw a significant growth in short interest in March. As of March 29th, there was short interest totalling 59,716,749 shares, a growth of 8.0% from the March 15th total of 55,311,046 shares. Based on an average trading volume of 11,745,648 shares, the days-to-cover ratio is currently 5.1 days.

Shares of NYSEARCA:JNK opened at $36.21 on Tuesday. SPDR Barclays Capital High Yield Bnd ETF has a 52-week low of $35.35 and a 52-week high of $37.46.

How to Become a New Pot Stock Millionaire

The company also recently disclosed a monthly dividend, which was paid on Friday, April 6th. Shareholders of record on Tuesday, April 3rd were given a $0.1499 dividend. This represents a $1.80 annualized dividend and a yield of 4.97%. The ex-dividend date was Monday, April 2nd.

Several hedge funds have recently added to or reduced their stakes in the company. Wagner Wealth Management LLC acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF during the fourth quarter worth approximately $157,000. Envestnet Asset Management Inc. grew its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 15.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 4,660,933 shares of the exchange traded fund’s stock worth $171,150,000 after buying an additional 620,035 shares in the last quarter. Sawtooth Solutions LLC grew its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 97.1% during the fourth quarter. Sawtooth Solutions LLC now owns 96,728 shares of the exchange traded fund’s stock worth $3,552,000 after buying an additional 47,663 shares in the last quarter. William Blair Investment Management LLC grew its position in shares of SPDR Barclays Capital High Yield Bnd ETF by 0.9% during the fourth quarter. William Blair Investment Management LLC now owns 807,100 shares of the exchange traded fund’s stock worth $29,637,000 after buying an additional 7,000 shares in the last quarter. Finally, Slow Capital Inc. acquired a new stake in shares of SPDR Barclays Capital High Yield Bnd ETF during the fourth quarter worth approximately $1,335,000.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of US and international copyright laws. The original version of this piece of content can be read at https://www.dailypolitical.com/2018/04/16/spdr-barclays-capital-high-yield-bnd-etf-jnk-sees-large-growth-in-short-interest.html.

About SPDR Barclays Capital High Yield Bnd ETF

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.

Receive News & Ratings for SPDR Barclays Capital High Yield Bnd ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Barclays Capital High Yield Bnd ETF and related companies with MarketBeat.com's FREE daily email newsletter.