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

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 4,193 shares, a decrease of 35.4% from the May 31st total of 6,486 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 645 shares, the short-interest ratio is presently 6.5 days.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCL opened at $24.70 on Thursday. SPDR SSGA My2032 Corporate Bond ETF has a 1 year low of $24.40 and a 1 year high of $25.35. The firm’s 50 day moving average price is $24.67 and its 200 day moving average price is $24.87.

SPDR SSGA My2032 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.0947 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 1st.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Moneco Advisors LLC purchased a new position in SPDR SSGA My2032 Corporate Bond ETF during the fourth quarter worth about $1,514,000. Lido Advisors LLC purchased a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter valued at about $2,502,000. Global Financial Private Client LLC grew its holdings in 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 buying an additional 10,902 shares during the period. Finally, Private Advisor Group LLC acquired a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 1st quarter valued at about $268,000.

About SPDR SSGA My2032 Corporate Bond ETF

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.