Short Interest in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Grows By 1,043.9%

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,814 shares, an increase of 1,043.9% from the April 30th total of 246 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 931 shares, the short-interest ratio is currently 3.0 days.

Institutional Trading of SPDR SSGA My2033 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. PFG Private Wealth Management LLC purchased a new stake in SPDR SSGA My2033 Corporate Bond ETF in the 3rd quarter valued at about $203,000. Jane Street Group LLC purchased a new stake in SPDR SSGA My2033 Corporate Bond ETF in the 4th quarter valued at about $240,000. Global Assets Advisory LLC purchased a new stake in SPDR SSGA My2033 Corporate Bond ETF in the 1st quarter valued at about $476,000. Global Financial Private Client LLC raised its holdings in SPDR SSGA My2033 Corporate Bond ETF by 25.7% in the 1st quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after buying an additional 4,311 shares during the period. Finally, Private Advisor Group LLC raised its holdings in SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock valued at $670,000 after buying an additional 7,965 shares during the period.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

MYCM remained flat at $24.67 on Thursday. 992 shares of the company traded hands, compared to its average volume of 2,025. SPDR SSGA My2033 Corporate Bond ETF has a 12-month low of $24.14 and a 12-month high of $25.30. The stock’s 50-day simple moving average is $24.69 and its two-hundred day simple moving average is $24.90.

SPDR SSGA My2033 Corporate Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.096 dividend. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, May 1st.

About SPDR SSGA My2033 Corporate Bond ETF

The SPDR SSgA My2033 Corporate Bond ETF (MYCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2033. Bonds are USD-denominated. MYCM was launched on Sep 23, 2024 and is issued by State Street.