SPDR Bloomberg Short Term High Yield Bond ETF (SJNK) Short Interest Ratio & Short Volume

Short interest is the volume of SPDR Bloomberg Short Term High Yield Bond ETF shares that have been sold short but have not yet been covered or closed out. As of May 15th, investors have sold 4,160,000 shares of SJNK short. Learn More on SPDR Bloomberg Short Term High Yield Bond ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. SJNK shares currently have a short interest ratio of 1.0. Learn More on SPDR Bloomberg Short Term High Yield Bond ETF's short interest ratio.

SPDR Bloomberg Short Term High Yield Bond ETF saw a drop in short interest in May. As of May 15th, there was short interest totaling 4,160,000 shares, a drop of 37.2% from the previous total of 6,620,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to SPDR Bloomberg Short Term High Yield Bond ETF: Xtrackers USD High Yield Corporate Bond ETF (2.32%), VanEck Fallen Angel High Yield Bond ETF (1.28%), SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (1.18%), iShares 0-5 Year High Yield Corporate Bond ETF (0.87%), First Trust Senior Loan ETF (0.11%), First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (0.16%), iShares Fallen Angels USD Bond ETF (0.30%), SPDR Bloomberg High Yield Bond ETF (7.74%), PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund (0.61%), FlexShares High Yield Value-Scored Bond Index Fund (0.18%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

Short selling SJNK is an investing strategy that aims to generate trading profit from SPDR Bloomberg Short Term High Yield Bond ETF as its price is falling. SJNK shares are trading up $0.05 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for SPDR Bloomberg Short Term High Yield Bond ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of SJNK, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including SJNK, twice per month. The most recent reporting period available is May, 15 2025.