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

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,968,760 shares, a growth of 145.9% from the September 30th total of 1,207,422 shares. Based on an average trading volume of 8,427,930 shares, the short-interest ratio is presently 0.4 days. Currently, 1.8% of the company’s shares are short sold.

SPDR Nuveen ICE High Yield Municipal Bond ETF Price Performance

HYMB traded up $0.15 on Friday, hitting $24.05. The company had a trading volume of 2,072,206 shares, compared to its average volume of 2,139,006. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 12-month low of $23.05 and a 12-month high of $25.49. The stock has a fifty day moving average price of $23.98 and a 200-day moving average price of $24.81.

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

Several institutional investors have recently added to or reduced their stakes in HYMB. Bank of New York Mellon Corp grew its holdings in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 16.8% during the first quarter. Bank of New York Mellon Corp now owns 1,294,400 shares of the company’s stock valued at $32,101,000 after buying an additional 185,966 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 7.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 778,257 shares of the company’s stock valued at $18,266,000 after acquiring an additional 50,707 shares during the period. Morton Brown Family Wealth LLC lifted its stake in SPDR Nuveen ICE High Yield Municipal Bond ETF by 23.2% during the 3rd quarter. Morton Brown Family Wealth LLC now owns 16,563 shares of the company’s stock worth $389,000 after acquiring an additional 3,118 shares in the last quarter. Farmers & Merchants Investments Inc. purchased a new position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the 3rd quarter valued at about $92,000. Finally, First Community Trust NA purchased a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF during the third quarter worth approximately $317,000.

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.