SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Short Interest Update

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 114 shares, a drop of 80.5% from the August 15th total of 585 shares. Based on an average trading volume of 1,525 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MYCM. Jane Street Group LLC raised its stake in shares of SPDR SSGA My2033 Corporate Bond ETF by 191.3% in the 1st quarter. Jane Street Group LLC now owns 45,657 shares of the company’s stock valued at $1,113,000 after acquiring an additional 29,986 shares during the period. Lido Advisors LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF in the 4th quarter valued at approximately $2,579,000. Global Financial Private Client LLC raised its position in SPDR SSGA My2033 Corporate Bond ETF by 25.7% in the first quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after purchasing an additional 4,311 shares during the period. Private Advisor Group LLC lifted its stake in SPDR SSGA My2033 Corporate Bond ETF by 41.6% during the first quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after purchasing an additional 7,965 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new position in SPDR SSGA My2033 Corporate Bond ETF during the first quarter worth $476,000.

SPDR SSGA My2033 Corporate Bond ETF Trading Down 0.1%

SPDR SSGA My2033 Corporate Bond ETF stock traded down $0.02 during midday trading on Friday, reaching $23.83. The company had a trading volume of 79 shares, compared to its average volume of 1,638. SPDR SSGA My2033 Corporate Bond ETF has a 12-month low of $23.83 and a 12-month high of $25.30. The firm’s fifty day simple moving average is $24.27 and its 200-day simple moving average is $24.57.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.0908 per share. The ex-dividend date of this dividend was Tuesday, September 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.