SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Sees Significant Growth in Short Interest

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,878 shares, an increase of 55.6% from the December 31st total of 5,704 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 9,930 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 9,930 shares, the short-interest ratio is currently 0.9 days. Approximately 0.4% of the company’s shares are short sold.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

SPDR SSGA My2026 Corporate Bond ETF stock traded up $0.00 during trading on Friday, reaching $25.11. The company had a trading volume of 3,761 shares, compared to its average volume of 7,863. SPDR SSGA My2026 Corporate Bond ETF has a 12-month low of $24.09 and a 12-month high of $27.41. The stock’s 50 day moving average price is $25.06 and its two-hundred day moving average price is $25.07.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were given a $0.0969 dividend. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Fourth Dimension Wealth LLC acquired a new position in shares of SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter valued at about $699,000. Exchange Capital Management Inc. increased its position in SPDR SSGA My2026 Corporate Bond ETF by 349.6% during the 2nd quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock worth $2,559,000 after purchasing an additional 79,295 shares in the last quarter. Hobbs Group Advisors LLC purchased a new position in SPDR SSGA My2026 Corporate Bond ETF in the fourth quarter valued at approximately $575,000. Susquehanna International Group LLP lifted its position in SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after buying an additional 3,959 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF during the first quarter valued at approximately $390,000.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.