Significant Withdrawals Observed in JNK ETF

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The SPDR Bloomberg High Yield Bond ETF (JNK) experienced a significant outflow of approximately $173.2 million, representing a 2.1% decrease in shares outstanding week over week, dropping from 85,670,000 to 83,874,605 units.

Currently, JNK is trading at $96.53, with a 52-week high of $97.90 and a low of $87.795. This movement contrasts with its 200-day moving average, which is a key indicator for technical analysis.

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