SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Update

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 2,462,875 shares, an increase of 173.8% from the July 15th total of 899,519 shares. Approximately 1.9% of the shares of the company are sold short. Based on an average daily trading volume, of 1,889,803 shares, the short-interest ratio is presently 1.3 days.

SPDR Nuveen ICE High Yield Municipal Bond ETF Price Performance

Shares of HYMB stock traded down $0.08 during trading hours on Friday, hitting $24.95. The stock had a trading volume of 1,191,116 shares, compared to its average volume of 1,179,224. SPDR Nuveen ICE High Yield Municipal Bond ETF has a twelve month low of $24.03 and a twelve month high of $25.49. The stock’s 50 day moving average is $25.14 and its 200 day moving average is $25.10.

Institutional Trading of SPDR Nuveen ICE High Yield Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of HYMB. JDM Financial Group LLC purchased a new position in SPDR Nuveen ICE High Yield Municipal Bond ETF during the 4th quarter worth $38,000. Basepoint Wealth LLC purchased a new stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the fourth quarter valued at about $114,000. Morton Brown Family Wealth LLC acquired a new stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF during the first quarter worth about $122,000. IMA Advisory Services Inc. boosted its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 18.0% during the fourth quarter. IMA Advisory Services Inc. now owns 7,921 shares of the company’s stock worth $198,000 after buying an additional 1,211 shares during the period. Finally, RMG Wealth Management LLC purchased a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF during the first quarter worth about $215,000.

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.