SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Down 55.2% in December

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 387,723 shares, a drop of 55.2% from the December 15th total of 866,325 shares. Based on an average daily trading volume, of 1,154,540 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,154,540 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 67.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 298,704 shares of the company’s stock valued at $7,402,000 after buying an additional 120,012 shares during the last quarter. Missouri Trust & Investment Co raised its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 6.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 41,650 shares of the company’s stock valued at $1,032,000 after acquiring an additional 2,600 shares during the last quarter. Keystone Global Partners LLC lifted its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 25.1% during the 2nd quarter. Keystone Global Partners LLC now owns 182,140 shares of the company’s stock worth $4,513,000 after purchasing an additional 36,548 shares during the period. Parkside Investments LLC lifted its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 3.2% during the 2nd quarter. Parkside Investments LLC now owns 593,900 shares of the company’s stock worth $14,717,000 after purchasing an additional 18,300 shares during the period. Finally, FSA Advisors Inc. acquired a new stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF during the second quarter worth $303,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Price Performance

Shares of SPDR Nuveen ICE High Yield Municipal Bond ETF stock traded down $0.03 on Friday, hitting $25.20. The company’s stock had a trading volume of 936,825 shares, compared to its average volume of 1,620,039. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 52-week low of $23.51 and a 52-week high of $26.06. The firm has a fifty day moving average price of $25.05 and a 200-day moving average price of $24.79.

About SPDR Nuveen ICE High Yield Municipal Bond ETF

The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is an exchange-traded fund that is based on the S&P Municipal Yield index. The fund tracks a market-value-weighted index of high-yield and investment grade fixed-rate municipal US bonds with at least a year to maturity. HYMB was launched on Apr 13, 2011 and is managed by State Street.