Short Interest in SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Rises By 160.0%

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCLGet Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 11,943 shares, a growth of 160.0% from the June 30th total of 4,594 shares. Based on an average trading volume of 3,387 shares, the short-interest ratio is presently 3.5 days. Approximately 3.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Moneco Advisors LLC bought a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at about $1,514,000. Lido Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter valued at about $2,502,000. Global Financial Private Client LLC lifted its position 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 worth $685,000 after buying an additional 10,902 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 1st quarter worth approximately $268,000.

SPDR SSGA My2032 Corporate Bond ETF Stock Up 0.0%

NASDAQ:MYCL traded up $0.01 during midday trading on Monday, hitting $24.34. The company had a trading volume of 26 shares, compared to its average volume of 2,933. SPDR SSGA My2032 Corporate Bond ETF has a 52-week low of $24.30 and a 52-week high of $25.35. The stock’s fifty day moving average price is $24.57 and its 200-day moving average price is $24.80.

SPDR SSGA My2032 Corporate Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.0947 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.7%.

About SPDR SSGA My2032 Corporate Bond ETF

(Get Free Report)

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.

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