SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Stock Short Interest Report for September

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,207,422 shares, a decrease of 47.8% from the September 15th total of 2,314,005 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 5,180,604 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On SPDR Nuveen ICE High Yield Municipal Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Morton Brown Family Wealth LLC bought a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF during the first quarter valued at approximately $122,000. RMG Wealth Management LLC purchased a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF during the first quarter valued at approximately $215,000. First Community Trust NA bought a new position in SPDR Nuveen ICE High Yield Municipal Bond ETF in the third quarter worth approximately $317,000. Confluence Investment Management LLC raised its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 73.5% in the third quarter. Confluence Investment Management LLC now owns 21,363 shares of the company’s stock worth $501,000 after acquiring an additional 9,049 shares during the period. Finally, Heartwood Wealth Advisors LLC boosted its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 0.8% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 360,314 shares of the company’s stock worth $8,457,000 after acquiring an additional 2,831 shares during the last quarter.

SPDR Nuveen ICE High Yield Municipal Bond ETF Stock Up 0.8%

HYMB stock traded up $0.19 during trading on Thursday, reaching $23.66. The stock had a trading volume of 6,989,310 shares, compared to its average volume of 1,987,279. The stock’s 50 day moving average is $24.20 and its two-hundred day moving average is $24.79. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 52 week low of $23.05 and a 52 week high of $25.49.

About SPDR Nuveen ICE High Yield Municipal Bond ETF

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.