SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Short Interest Update

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 4,193 shares, a decrease of 35.4% from the May 31st total of 6,486 shares. Based on an average daily volume of 645 shares, the short-interest ratio is presently 6.5 days. Approximately 1.0% of the shares of the stock are sold short.

Institutional Trading of SPDR SSGA My2032 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in MYCL. Lido Advisors LLC purchased a new stake in SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter worth about $2,502,000. Moneco Advisors LLC purchased a new position in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter valued at about $1,514,000. Global Financial Private Client LLC lifted its holdings 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 valued at $685,000 after purchasing an additional 10,902 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of SPDR SSGA My2032 Corporate Bond ETF during the 1st quarter worth about $268,000.

SPDR SSGA My2032 Corporate Bond ETF Price Performance

Shares of MYCL opened at $24.70 on Thursday. The firm has a 50 day simple moving average of $24.67 and a 200-day simple moving average of $24.87. SPDR SSGA My2032 Corporate Bond ETF has a 1-year low of $24.40 and a 1-year high of $25.35.

SPDR SSGA My2032 Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.0947 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.6%.

SPDR SSGA My2032 Corporate Bond ETF Company Profile

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.