SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL – Get Free Report) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,014 shares, a drop of 60.9% from the July 30th total of 10,263 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 740 shares, the days-to-cover ratio is presently 5.4 days.
SPDR SSGA My2032 Corporate Bond ETF Trading Down 0.4%
MYCL stock traded down $0.09 on Friday, reaching $24.31. 4,889 shares of the company’s stock were exchanged, compared to its average volume of 2,704. The stock has a fifty day moving average of $24.47 and a 200-day moving average of $24.70. SPDR SSGA My2032 Corporate Bond ETF has a twelve month low of $24.30 and a twelve month high of $25.35.
SPDR SSGA My2032 Corporate Bond ETF Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.0956 per share. This is a boost from SPDR SSGA My2032 Corporate Bond ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Monday, August 3rd.
Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF
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.
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