SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Down 25.7% in March

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 681,057 shares, a decline of 25.7% from the March 15th total of 917,098 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 2,106,679 shares, the short-interest ratio is currently 0.3 days.

SPDR Nuveen ICE High Yield Municipal Bond ETF Stock Up 0.4%

NYSEARCA:HYMB traded up $0.09 on Friday, reaching $25.19. The company’s stock had a trading volume of 1,162,112 shares, compared to its average volume of 1,199,970. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 1-year low of $24.03 and a 1-year high of $25.49. The business’s 50-day moving average price is $25.07 and its two-hundred day moving average price is $25.07.

Institutional Trading of SPDR Nuveen ICE High Yield Municipal Bond ETF

A number of large investors have recently bought and sold shares of HYMB. IFP Advisors Inc raised its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 4.8% during the 3rd quarter. IFP Advisors Inc now owns 11,053 shares of the company’s stock worth $276,000 after buying an additional 511 shares during the period. Nemes Rush Group LLC boosted its holdings in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 11.8% in the third quarter. Nemes Rush Group LLC now owns 5,386 shares of the company’s stock valued at $134,000 after buying an additional 567 shares during the period. Missouri Trust & Investment Co increased its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 2.2% during the third quarter. Missouri Trust & Investment Co now owns 42,575 shares of the company’s stock worth $1,061,000 after acquiring an additional 925 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 93.8% during the third quarter. CoreCap Advisors LLC now owns 1,938 shares of the company’s stock worth $48,000 after acquiring an additional 938 shares in the last quarter. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF during the third quarter worth $25,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Company Profile

The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is an exchange-traded fund that is based on the S&P Municipal Yield index. The fund tracks a market-value-weighted index of high-yield and investment grade fixed-rate municipal US bonds with at least a year to maturity. HYMB was launched on Apr 13, 2011 and is managed by State Street.