SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY) Sees Large Decrease in Short Interest

SPDR Portfolio High Yield Bond ETF (NYSEARCA:SPHY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 3,842,646 shares, a drop of 35.7% from the February 26th total of 5,979,671 shares. Approximately 0.9% of the company's shares