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

by · The Cerbat Gem

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM – Get Free Report) was the recipient of a large increase in short interest in 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. Based on an average daily volume of 931 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.9% of the company’s stock are short sold.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

Shares of MYCM traded up $0.02 during mid-day trading on Friday, reaching $24.74. The company had a trading volume of 1,509 shares, compared to its average volume of 2,000. The firm has a 50-day moving average price of $24.69 and a 200 day moving average price of $24.90. SPDR SSGA My2033 Corporate Bond ETF has a 52 week low of $24.14 and a 52 week high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

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

Institutional Investors Weigh In On SPDR SSGA My2033 Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in MYCM. Lido Advisors LLC purchased a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter valued at $2,579,000. Jane Street Group LLC increased 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 worth $1,113,000 after purchasing an additional 29,986 shares in the last quarter. Global Assets Advisory LLC purchased a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF in the 1st quarter worth $476,000. PFG Private Wealth Management LLC purchased a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF in the 3rd quarter worth $203,000. Finally, Private Advisor Group LLC increased its stake in shares of 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 worth $670,000 after purchasing an additional 7,965 shares in the last quarter.

About SPDR SSGA My2033 Corporate Bond ETF

(Get Free Report)

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.

Recommended Stories