SPDR Barclays Capital Convertible SecETF (NYSE:CWB) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 1,786,127 shares, an increase of 73.9% from the June 15th total of 1,027,367 shares. Based on an average daily volume of 777,042 shares, the days-to-cover ratio is presently 2.3 days.

SPDR Barclays Capital Convertible SecETF (NYSE CWB) opened at 50.93 on Thursday. SPDR Barclays Capital Convertible SecETF has a 12-month low of $44.20 and a 12-month high of $51.02. The stock’s 50 day moving average is $49.89 and its 200 day moving average is $48.31.

The business also recently announced a monthly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Thursday, July 6th were paid a dividend of $0.1458 per share. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date was Monday, July 3rd.

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About SPDR Barclays Capital Convertible SecETF

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S.

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