Short Interest in SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Rises By 160.0%

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCLGet Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 11,943 shares, a growth of 160.0% from the June 30th total of 4,594 shares. Based on an average trading volume of 3,387 shares, the short-interest ratio is currently 3.5 days. Approximately 3.0% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

A number of large investors have recently modified their holdings of MYCL. Lido Advisors LLC purchased a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter worth approximately $2,502,000. Moneco Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at $1,514,000. Global Financial Private Client LLC grew its position in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% during the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock valued at $685,000 after purchasing an additional 10,902 shares in the last quarter. Finally, Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 1st quarter valued at $268,000.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

MYCL traded up $0.01 during trading on Monday, reaching $24.34. 26 shares of the company were exchanged, compared to its average volume of 2,933. SPDR SSGA My2032 Corporate Bond ETF has a 12-month low of $24.30 and a 12-month high of $25.35. The company’s 50-day moving average is $24.57 and its two-hundred day moving average is $24.80.

SPDR SSGA My2032 Corporate Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.0947 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

(Get Free Report)

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) 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 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.

Further Reading

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