SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Stock Short Interest Report for September

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 97 shares, a drop of 60.2% from the September 15th total of 244 shares. Based on an average daily volume of 882 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCM opened at $23.49 on Thursday. The firm’s 50 day moving average price is $23.91 and its 200-day moving average price is $24.35. SPDR SSGA My2033 Corporate Bond ETF has a 52-week low of $23.33 and a 52-week high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.0991 dividend. This is a boost from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.0980. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.19 dividend on an annualized basis and a yield of 5.1%.

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in MYCM. Lido Advisors LLC lifted its holdings in SPDR SSGA My2033 Corporate Bond ETF by 27.9% during the first quarter. Lido Advisors LLC now owns 132,123 shares of the company’s stock valued at $3,268,000 after purchasing an additional 28,781 shares in the last quarter. Global Assets Advisory LLC bought a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 1st quarter valued at approximately $476,000. Private Advisor Group LLC boosted its stake 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 worth $670,000 after purchasing an additional 7,965 shares during the period. Finally, Global Financial Private Client LLC grew its stake in SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the first quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock valued at $521,000 after acquiring an additional 4,311 shares in the last quarter.

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.