Short Interest in SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Decreases By 60.9%

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCLGet Free Report) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 4,014 shares, a decline of 60.9% from the July 30th total of 10,263 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 740 shares, the short-interest ratio is currently 5.4 days.

Institutional Investors Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Several hedge funds have recently modified their holdings of the business. Lido Advisors LLC raised its stake in SPDR SSGA My2032 Corporate Bond ETF by 30.4% in the first quarter. Lido Advisors LLC now owns 130,558 shares of the company’s stock worth $3,235,000 after buying an additional 30,414 shares in the last quarter. Moneco Advisors LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at $1,514,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF during the 1st quarter valued at $268,000. Finally, Global Financial Private Client LLC increased its holdings in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock valued at $685,000 after acquiring an additional 10,902 shares during the period.

SPDR SSGA My2032 Corporate Bond ETF Price Performance

Shares of MYCL traded down $0.10 during midday trading on Friday, reaching $24.30. 5,298 shares of the stock were exchanged, compared to its average volume of 2,706. SPDR SSGA My2032 Corporate Bond ETF has a 52 week low of $24.30 and a 52 week high of $25.35. The company’s 50 day moving average is $24.47 and its two-hundred day moving average is $24.69.

SPDR SSGA My2032 Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.0956 per share. This is a positive change from SPDR SSGA My2032 Corporate Bond ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Monday, August 3rd.

About SPDR SSGA My2032 Corporate Bond ETF

(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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