SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Sees Large Growth in Short Interest

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 244 shares, an increase of 114.0% from the August 31st total of 114 shares. Based on an average daily volume of 416 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

MYCM opened at $23.42 on Wednesday. The stock’s 50 day moving average price is $24.10 and its 200 day moving average price is $24.45. SPDR SSGA My2033 Corporate Bond ETF has a 12 month low of $23.42 and a 12 month high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.0908 per share. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Investors Weigh In On SPDR SSGA My2033 Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Lido Advisors LLC increased its stake in SPDR SSGA My2033 Corporate Bond ETF by 27.9% during the 1st quarter. Lido Advisors LLC now owns 132,123 shares of the company’s stock valued at $3,268,000 after buying an additional 28,781 shares during the period. Global Assets Advisory LLC bought a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF during the 1st quarter worth about $476,000. 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 worth $670,000 after acquiring an additional 7,965 shares during the period. Finally, 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 worth $521,000 after acquiring an additional 4,311 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.