Short Interest in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Decreases By 80.5%

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

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

SPDR SSGA My2033 Corporate Bond ETF stock remained flat at $23.85 during midday trading on Friday. The company had a trading volume of 1,161 shares, compared to its average volume of 1,647. SPDR SSGA My2033 Corporate Bond ETF has a fifty-two week low of $23.85 and a fifty-two week high of $25.30. The firm has a 50 day moving average price of $24.29 and a 200-day moving average price of $24.57.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.0908 dividend. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter valued at $240,000. Global Assets Advisory LLC acquired a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the first quarter valued at $476,000. Global Financial Private Client LLC increased its holdings in shares of 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 last quarter. Private Advisor Group LLC raised its position in shares of SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the first quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock valued at $670,000 after purchasing an additional 7,965 shares during the period. Finally, Lido Advisors LLC bought a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the fourth quarter valued at about $2,579,000.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

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.