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

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

Hedge Funds Weigh In On SPDR SSGA My2033 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC acquired a new position in SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter worth $2,579,000. PFG Private Wealth Management LLC acquired a new position in SPDR SSGA My2033 Corporate Bond ETF during the third quarter worth $203,000. Jane Street Group LLC acquired a new position in SPDR SSGA My2033 Corporate Bond ETF during the fourth quarter worth $240,000. Global Assets Advisory LLC purchased a new stake in shares of SPDR SSGA My2033 Corporate Bond ETF during the first quarter worth $476,000. Finally, Private Advisor Group LLC grew its holdings in shares of SPDR SSGA My2033 Corporate Bond ETF by 41.6% during the first quarter. Private Advisor Group LLC now owns 27,089 shares of the company’s stock worth $670,000 after buying an additional 7,965 shares in the last quarter.

SPDR SSGA My2033 Corporate Bond ETF Stock Performance

NASDAQ:MYCM traded up $0.01 during trading hours on Tuesday, reaching $24.48. 2 shares of the company were exchanged, compared to its average volume of 1,893. The stock’s 50-day moving average is $24.69 and its 200-day moving average is $24.88. SPDR SSGA My2033 Corporate Bond ETF has a twelve month low of $24.23 and a twelve month high of $25.30.

SPDR SSGA My2033 Corporate Bond ETF Increases Dividend

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

About SPDR SSGA My2033 Corporate Bond ETF

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.