SPDR Barclays Capital High Yield Bnd ETF (JNK) Short Interest Down 7.1% in April
SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) was the target of a large drop in short interest in April. As of April 28th, there was short interest totalling 32,699,573 shares, a drop of 7.1% from the April 13th total of 35,211,893 shares. Based on an average daily volume of 6,188,338 shares, the days-to-cover ratio is currently 5.3 days.
Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSE:JNK) opened at 37.09 on Monday. The company’s 50 day moving average is $36.88 and its 200-day moving average is $36.60. SPDR Barclays Capital High Yield Bnd ETF has a 12 month low of $34.47 and a 12 month high of $37.22.
The company also recently announced a monthly dividend, which was paid on Tuesday, May 9th. Investors of record on Wednesday, May 3rd were issued a $0.1704 dividend. This represents a $2.05 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend was Monday, May 1st.
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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.
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