Short Interest in SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM) Rises By 240.9%

SPDR SSGA My2033 Corporate Bond ETF (NASDAQ:MYCM – Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 975 shares, an increase of 240.9% from the June 30th total of 286 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 560 shares, the days-to-cover ratio is presently 1.7 days.

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

A number of large investors have recently made changes to their positions in the company. Global Financial Private Client LLC grew its holdings 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 valued at $521,000 after purchasing an additional 4,311 shares during the last quarter. Private Advisor Group LLC lifted its stake in SPDR SSGA My2033 Corporate Bond ETF by 41.6% in the first quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after purchasing an additional 7,965 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter valued at approximately $240,000. Global Assets Advisory LLC purchased a new position in shares of SPDR SSGA My2033 Corporate Bond ETF during the first quarter valued at approximately $476,000. Finally, Lido Advisors LLC grew its stake in shares of 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 buying an additional 28,781 shares during the last quarter.

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SPDR SSGA My2033 Corporate Bond ETF Stock Up 0.0%

MYCM traded up $0.00 during trading on Tuesday, reaching $24.30. The company had a trading volume of 11 shares, compared to its average volume of 1,653. The business has a 50 day simple moving average of $24.53 and a 200-day simple moving average of $24.76. SPDR SSGA My2033 Corporate Bond ETF has a 52 week low of $24.25 and a 52 week high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0982 dividend. This is an increase from SPDR SSGA My2033 Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Wednesday, July 1st.

SPDR SSGA My2033 Corporate Bond ETF Company Profile

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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.

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