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

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,202 shares, a decrease 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 currently 0.9 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR SSGA My2032 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in MYCL. Lido Advisors LLC lifted its position in shares of SPDR SSGA My2032 Corporate Bond ETF by 30.4% in the 1st quarter. Lido Advisors LLC now owns 130,558 shares of the company’s stock worth $3,235,000 after acquiring an additional 30,414 shares during the period. Global Financial Private Client LLC raised its stake in shares of SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the first 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 position in shares of SPDR SSGA My2032 Corporate Bond ETF in the first quarter valued at $268,000.

SPDR SSGA My2032 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCL traded up $0.09 on Thursday, hitting $23.94. 14 shares of the company were exchanged, compared to its average volume of 2,595. The company’s 50 day moving average price is $24.31 and its two-hundred day moving average price is $24.59. SPDR SSGA My2032 Corporate Bond ETF has a one year low of $23.84 and a one year high of $25.35.

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.