SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Short Interest Down 45.1% in August

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,202 shares, a decline of 45.1% from the August 15th total of 4,014 shares. Based on an average daily volume of 2,323 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s shares are sold short.

SPDR SSGA My2032 Corporate Bond ETF Trading Up 0.0%

MYCL traded up $0.00 during midday trading on Wednesday, reaching $23.85. 602 shares of the company’s stock traded hands, compared to its average volume of 2,595. SPDR SSGA My2032 Corporate Bond ETF has a 52 week low of $23.84 and a 52 week high of $25.35. The firm has a fifty day moving average of $24.31 and a two-hundred day moving average of $24.59.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

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

About SPDR SSGA My2032 Corporate Bond ETF

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.