SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Short Interest Update

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 4,014 shares, a drop of 60.9% from the July 30th total of 10,263 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily trading volume, of 740 shares, the short-interest ratio is currently 5.4 days.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

Shares of MYCL traded down $0.10 during trading hours on Friday, hitting $24.30. The stock had a trading volume of 5,298 shares, compared to its average volume of 2,706. SPDR SSGA My2032 Corporate Bond ETF has a 12 month low of $24.30 and a 12 month high of $25.35. The stock has a fifty day moving average price of $24.47 and a 200 day moving average price of $24.69.

SPDR SSGA My2032 Corporate Bond ETF Increases Dividend

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

Institutional Investors Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the first quarter worth approximately $268,000. Global Financial Private Client LLC raised its position in SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the first quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock worth $685,000 after acquiring an additional 10,902 shares during the period. Moneco Advisors LLC bought a new position in SPDR SSGA My2032 Corporate Bond ETF in the fourth quarter worth approximately $1,514,000. Finally, Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at $2,502,000.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

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.