SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) Sees Significant Increase in Short Interest

SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) saw a significant increase in short interest during the month of July. As of July 14th, there was short interest totalling 42,315,485 shares, an increase of 16.4% from the June 30th total of 36,356,533 shares. Based on an average daily trading volume, of 13,175,164 shares, the short-interest ratio is currently 3.2 days.

SPDR Barclays Capital High Yield Bnd ETF (JNK) opened at 36.77 on Friday. The company’s 50-day moving average price is $37.15 and its 200-day moving average price is $36.99. SPDR Barclays Capital High Yield Bnd ETF has a 52 week low of $35.05 and a 52 week high of $37.46.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 9th. Investors of record on Thursday, August 3rd were issued a $0.1634 dividend. This represents a $1.96 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend was Tuesday, August 1st.

A number of large investors have recently bought and sold shares of the company. Commerce Bank boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 0.3% in the second quarter. Commerce Bank now owns 10,530 shares of the exchange traded fund’s stock valued at $392,000 after buying an additional 32 shares during the last quarter. Robertson Stephens Advisors LLC boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 0.4% in the second quarter. Robertson Stephens Advisors LLC now owns 15,150 shares of the exchange traded fund’s stock valued at $564,000 after buying an additional 57 shares during the last quarter. NGAM Advisors L.P. boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 0.8% in the second quarter. NGAM Advisors L.P. now owns 12,144 shares of the exchange traded fund’s stock valued at $452,000 after buying an additional 98 shares during the last quarter. Noesis Capital Mangement Corp boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 0.7% in the second quarter. Noesis Capital Mangement Corp now owns 22,368 shares of the exchange traded fund’s stock valued at $832,000 after buying an additional 152 shares during the last quarter. Finally, First Interstate Bank boosted its stake in SPDR Barclays Capital High Yield Bnd ETF by 0.7% in the second quarter. First Interstate Bank now owns 28,200 shares of the exchange traded fund’s stock valued at $1,049,000 after buying an additional 200 shares during the last quarter.

ILLEGAL ACTIVITY NOTICE: “SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) Sees Significant Increase in Short Interest” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/08/12/spdr-barclays-capital-high-yield-bnd-etf-nysejnk-sees-significant-growth-in-short-interest-updated.html.

SPDR Barclays Capital High Yield Bnd ETF Company Profile

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.

What are top analysts saying about SPDR Barclays Capital High Yield Bnd ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for SPDR Barclays Capital High Yield Bnd ETF and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit