Short Interest in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Increases By 1,043.9%

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 2,814 shares, a growth of 1,043.9% from the April 30th total of 246 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 931 shares, the short-interest ratio is presently 3.0 days.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

NASDAQ MYCM traded up $0.01 on Wednesday, reaching $24.67. The company had a trading volume of 992 shares, compared to its average volume of 2,025. SPDR SSGA My2033 Corporate Bond ETF has a fifty-two week low of $24.14 and a fifty-two week high of $25.30. The business has a 50 day moving average of $24.69 and a two-hundred day moving average of $24.90.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

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

Institutional Trading of SPDR SSGA My2033 Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of the company. Lido Advisors LLC boosted its position 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 acquiring an additional 28,781 shares during the last quarter. Jane Street Group LLC boosted its position in SPDR SSGA My2033 Corporate Bond ETF by 191.3% during the first 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 last quarter. Private Advisor Group LLC boosted its position 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 valued at $670,000 after acquiring an additional 7,965 shares during the last quarter. Global Financial Private Client LLC boosted its position 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 during the last quarter. Finally, Global Assets Advisory LLC bought a new stake in SPDR SSGA My2033 Corporate Bond ETF during the first quarter valued at $476,000.

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.