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

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 246 shares, a drop of 79.4% from the April 15th total of 1,196 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 633 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of MYCM. PFG Private Wealth Management LLC purchased a new position in SPDR SSGA My2033 Corporate Bond ETF in the 3rd quarter worth about $203,000. Jane Street Group LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter worth about $240,000. Global Assets Advisory LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 1st quarter worth about $476,000. Global Financial Private Client LLC boosted its position in SPDR SSGA My2033 Corporate Bond ETF by 25.7% during the 1st quarter. Global Financial Private Client LLC now owns 21,075 shares of the company’s stock worth $521,000 after acquiring an additional 4,311 shares during the period. Finally, Private Advisor Group LLC boosted its position in SPDR SSGA My2033 Corporate Bond ETF by 41.6% during the 1st quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after acquiring an additional 7,965 shares during the period.

SPDR SSGA My2033 Corporate Bond ETF Price Performance

Shares of MYCM opened at $24.70 on Tuesday. The business’s 50-day moving average price is $24.79 and its 200 day moving average price is $24.94. SPDR SSGA My2033 Corporate Bond ETF has a 1-year low of $23.91 and a 1-year high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

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

About SPDR SSGA My2033 Corporate Bond ETF

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.