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

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,014 shares, a decrease of 60.9% from the July 30th total of 10,263 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 740 shares, the short-interest ratio is presently 5.4 days.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

MYCL stock traded down $0.09 during midday trading on Friday, hitting $24.31. 4,889 shares of the stock were exchanged, compared to its average volume of 2,704. The stock’s 50-day moving average price is $24.47 and its 200-day moving average price is $24.70. SPDR SSGA My2032 Corporate Bond ETF has a fifty-two week low of $24.30 and a fifty-two week high of $25.35.

SPDR SSGA My2032 Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.0956 dividend. This is an increase from SPDR SSGA My2032 Corporate Bond ETF’s previous dividend of $0.10. The ex-dividend date was Monday, August 3rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MYCL. Private Advisor Group LLC acquired a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 1st quarter valued at about $268,000. Global Financial Private Client LLC raised its position in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% during the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock worth $685,000 after purchasing an additional 10,902 shares during the last quarter. Moneco Advisors LLC acquired a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the 4th quarter worth approximately $1,514,000. Finally, Lido Advisors LLC purchased a new stake in SPDR SSGA My2032 Corporate Bond ETF in the 4th quarter valued at approximately $2,502,000.

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.