Short Interest in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Expands By 897.9%

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 69,244 shares, a growth of 897.9% from the January 15th total of 6,939 shares. Based on an average daily volume of 176,367 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.6% of the shares of the stock are sold short. Currently, 2.6% of the shares of the stock are sold short. Based on an average daily volume of 176,367 shares, the days-to-cover ratio is currently 0.4 days.

SPDR SSGA My2028 Corporate Bond ETF Trading Up 0.1%

MYCH stock traded up $0.02 during midday trading on Wednesday, reaching $25.13. The stock had a trading volume of 346,971 shares, compared to its average volume of 124,269. SPDR SSGA My2028 Corporate Bond ETF has a 52-week low of $24.49 and a 52-week high of $25.27. The company’s fifty day simple moving average is $25.08 and its 200 day simple moving average is $25.08.

SPDR SSGA My2028 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.0911 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of SPDR SSGA My2028 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of MYCH. Beacon Financial Group purchased a new position in SPDR SSGA My2028 Corporate Bond ETF in the 3rd quarter worth approximately $221,000. Fourth Dimension Wealth LLC acquired a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF in the fourth quarter valued at approximately $287,000. Private Advisor Group LLC lifted its position in SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the third quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after buying an additional 2,270 shares in the last quarter. Hobbs Group Advisors LLC acquired a new position in SPDR SSGA My2028 Corporate Bond ETF during the fourth quarter worth $575,000. Finally, Sanctuary Advisors LLC grew its holdings in SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the 4th quarter. Sanctuary Advisors LLC now owns 26,899 shares of the company’s stock valued at $675,000 after buying an additional 1,876 shares in the last quarter.

SPDR SSGA My2028 Corporate Bond ETF Company Profile

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) 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 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.