SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) Short Interest Update

SPDR Nuveen ICE High Yield Municipal Bond ETF (NYSEARCA:HYMB) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 1,879,506 shares, an increase of 384.8% from the December 31st total of 387,723 shares. Currently, 1.6% of the company’s stock are short sold. Based on an average daily trading volume, of 1,688,426 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 1,688,426 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.6% of the company’s stock are short sold.

SPDR Nuveen ICE High Yield Municipal Bond ETF Stock Up 0.0%

HYMB stock opened at $25.09 on Wednesday. SPDR Nuveen ICE High Yield Municipal Bond ETF has a 1 year low of $23.51 and a 1 year high of $26.06. The company has a fifty day simple moving average of $25.05 and a 200 day simple moving average of $24.82.

Institutional Investors Weigh In On SPDR Nuveen ICE High Yield Municipal Bond ETF

A number of large investors have recently added to or reduced their stakes in HYMB. Ameriprise Financial Inc. raised its position in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF by 50.6% in the third quarter. Ameriprise Financial Inc. now owns 1,729,543 shares of the company’s stock valued at $43,148,000 after purchasing an additional 580,975 shares during the period. Heartwood Wealth Advisors LLC lifted its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 977.8% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 395,696 shares of the company’s stock worth $9,865,000 after acquiring an additional 358,982 shares during the last quarter. Farther Finance Advisors LLC lifted its position in SPDR Nuveen ICE High Yield Municipal Bond ETF by 31.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 393,482 shares of the company’s stock worth $9,810,000 after acquiring an additional 94,778 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in SPDR Nuveen ICE High Yield Municipal Bond ETF by 12.2% during the second quarter. Bank of New York Mellon Corp now owns 836,993 shares of the company’s stock valued at $20,741,000 after acquiring an additional 90,932 shares during the period. Finally, Diversified Portfolios Inc. acquired a new stake in shares of SPDR Nuveen ICE High Yield Municipal Bond ETF in the second quarter valued at about $2,020,000.

SPDR Nuveen ICE High Yield Municipal Bond ETF Company Profile

The SPDR Nuveen Bloomberg High Yield Municipal Bond ETF (HYMB) is an exchange-traded fund that is based on the S&P Municipal Yield index. The fund tracks a market-value-weighted index of high-yield and investment grade fixed-rate municipal US bonds with at least a year to maturity. HYMB was launched on Apr 13, 2011 and is managed by State Street.