SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Sees Large Decline in Short Interest

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,813 shares, a decrease of 86.8% from the June 15th total of 13,771 shares. Based on an average trading volume of 10,142 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.2%

Shares of SPDR SSGA My2030 Corporate Bond ETF stock traded down $0.06 on Monday, reaching $24.47. 3,418 shares of the company were exchanged, compared to its average volume of 10,459. The stock has a fifty day moving average price of $24.64 and a 200-day moving average price of $24.83. SPDR SSGA My2030 Corporate Bond ETF has a fifty-two week low of $24.46 and a fifty-two week high of $25.32.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.0922 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of SPDR SSGA My2030 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of MYCJ. Private Advisor Group LLC increased its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the first quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock worth $255,000 after acquiring an additional 2,055 shares in the last quarter. LPL Financial LLC lifted its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 21.0% in the 4th quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock valued at $622,000 after acquiring an additional 4,318 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the 4th quarter valued at approximately $788,000. Equitable Holdings Inc. acquired a new position in SPDR SSGA My2030 Corporate Bond ETF in the 4th quarter worth approximately $1,070,000. Finally, L2 Asset Management LLC acquired a new position in SPDR SSGA My2030 Corporate Bond ETF in the 3rd quarter worth approximately $1,501,000.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.