Short Interest in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Decreases By 90.6%

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 265 shares, a decline of 90.6% from the May 14th total of 2,814 shares. Based on an average trading volume of 9,536 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

NASDAQ MYCM traded up $0.01 on Tuesday, hitting $24.48. 2 shares of the company’s stock traded hands, compared to its average volume of 1,893. SPDR SSGA My2033 Corporate Bond ETF has a 1-year low of $24.23 and a 1-year high of $25.30. The firm’s 50-day moving average price is $24.69 and its two-hundred day moving average price is $24.88.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.0965 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, June 1st. This is a positive change from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Trading of SPDR SSGA My2033 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. PFG Private Wealth Management LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 3rd quarter valued at approximately $203,000. Jane Street Group LLC acquired a new stake in SPDR SSGA My2033 Corporate Bond ETF during the 4th quarter valued at approximately $240,000. Global Assets Advisory LLC acquired a new position in shares of SPDR SSGA My2033 Corporate Bond ETF in the 1st quarter valued at $476,000. Global Financial Private Client LLC lifted its stake in shares of SPDR SSGA My2033 Corporate Bond ETF by 25.7% in the 1st 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 period. Finally, Private Advisor Group LLC lifted its stake in shares of 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 valued at $670,000 after purchasing an additional 7,965 shares during the period.

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.