SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Up 384.8% in January

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 1,879,506 shares, a growth of 384.8% from the December 31st total of 387,723 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 1,688,426 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 1,688,426 shares, the short-interest ratio is presently 1.1 days. Currently, 1.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On SPDR Nuveen ICE High Yield Municipal Bond ETF

Institutional investors have recently modified their holdings of the business. IFP Advisors Inc lifted its holdings in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 4.8% in the third quarter. IFP Advisors Inc now owns 11,053 shares of the company’s stock valued at $276,000 after purchasing an additional 511 shares in the last quarter. Nemes Rush Group LLC increased its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 11.8% during the third quarter. Nemes Rush Group LLC now owns 5,386 shares of the company’s stock worth $134,000 after acquiring an additional 567 shares during the period. Missouri Trust & Investment Co raised its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 2.2% in the third quarter. Missouri Trust & Investment Co now owns 42,575 shares of the company’s stock valued at $1,061,000 after buying an additional 925 shares in the last quarter. CoreCap Advisors LLC lifted its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 93.8% during the 3rd quarter. CoreCap Advisors LLC now owns 1,938 shares of the company’s stock valued at $48,000 after acquiring an additional 938 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new stake in SPDR Nuveen ICE High Yield Municipal Bond ETF during the third quarter worth about $25,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Price Performance

Shares of HYMB opened at $25.09 on Friday. The business’s 50 day simple moving average is $25.05 and its 200-day simple moving average is $24.82. SPDR Nuveen ICE High Yield Municipal Bond ETF has a one year low of $23.51 and a one year high of $26.06.

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.