SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA:JNK) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 39,384,338 shares, an increase of 18.4% from the January 12th total of 33,269,427 shares. Based on an average trading volume of 14,168,957 shares, the days-to-cover ratio is currently 2.8 days.
Shares of SPDR Barclays Capital High Yield Bnd ETF (NYSEARCA JNK) opened at $35.92 on Tuesday. SPDR Barclays Capital High Yield Bnd ETF has a 12 month low of $35.35 and a 12 month high of $37.46.
The company also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a $0.1605 dividend. This represents a $1.93 annualized dividend and a dividend yield of 5.36%. The ex-dividend date of this dividend was Thursday, February 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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