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

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was the target of a significant decrease in short interest in the month of 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. Currently, 1.0% of the shares of the company are sold short.

Institutional Investors Weigh In On SPDR SSGA My2032 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MYCL. Private Advisor Group LLC purchased a new stake in SPDR SSGA My2032 Corporate Bond ETF during the first quarter valued at about $268,000. Global Financial Private Client LLC boosted its position in SPDR SSGA My2032 Corporate Bond ETF by 65.2% during the first 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 period. Moneco Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the fourth quarter worth about $1,514,000. Finally, Lido Advisors LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the fourth quarter worth about $2,502,000.

SPDR SSGA My2032 Corporate Bond ETF Price Performance

NASDAQ:MYCL opened at $24.62 on Friday. The business has a fifty day simple moving average of $24.66 and a two-hundred day simple moving average of $24.86. 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 Dividend Announcement

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