SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) Short Interest Down 25.8% in January

SPDR Bloomberg Short Term High Yield Bond ETF (NYSEARCA:SJNK) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 962,899 shares, a decline of 25.8% from the December 31st total of 1,297,010 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 3,827,019 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 3,827,019 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Trading of SPDR Bloomberg Short Term High Yield Bond ETF

A number of large investors have recently bought and sold shares of SJNK. Ameriflex Group Inc. raised its holdings in shares of SPDR Bloomberg Short Term High Yield Bond ETF by 440.9% in the third quarter. Ameriflex Group Inc. now owns 1,190 shares of the company’s stock valued at $30,000 after buying an additional 970 shares during the last quarter. City Holding Co. acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 4th quarter valued at about $32,000. Root Financial Partners LLC acquired a new position in SPDR Bloomberg Short Term High Yield Bond ETF in the 3rd quarter valued at about $35,000. Franklin Resources Inc. purchased a new stake in SPDR Bloomberg Short Term High Yield Bond ETF during the 2nd quarter valued at approximately $36,000. Finally, First Horizon Advisors Inc. lifted its position in SPDR Bloomberg Short Term High Yield Bond ETF by 360.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,576 shares of the company’s stock worth $40,000 after acquiring an additional 1,234 shares during the period.

SPDR Bloomberg Short Term High Yield Bond ETF Trading Up 0.0%

NYSEARCA:SJNK traded up $0.01 during trading hours on Friday, hitting $25.43. The company’s stock had a trading volume of 3,449,592 shares, compared to its average volume of 3,302,545. SPDR Bloomberg Short Term High Yield Bond ETF has a 52-week low of $23.92 and a 52-week high of $25.65. The stock has a market capitalization of $5.34 billion, a P/E ratio of 0.90 and a beta of 0.31. The stock has a fifty day moving average of $25.37 and a 200-day moving average of $25.41.

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.