SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Sees Significant Drop in Short Interest

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 523 shares, a drop of 60.0% from the July 15th total of 1,306 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,364 shares, the short-interest ratio is currently 0.0 days.

SPDR SSGA My2029 Corporate Bond ETF Price Performance

Shares of MYCI opened at $24.70 on Friday. SPDR SSGA My2029 Corporate Bond ETF has a one year low of $24.58 and a one year high of $25.22. The business’s 50 day simple moving average is $24.69 and its 200-day simple moving average is $24.83.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a $0.0933 dividend. The ex-dividend date was Monday, August 3rd. This is a positive change from SPDR SSGA My2029 Corporate Bond ETF’s previous dividend of $0.09.

Institutional Trading of SPDR SSGA My2029 Corporate Bond ETF

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 58.1% in the second quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock valued at $937,000 after buying an additional 13,791 shares in the last quarter. Private Advisor Group LLC acquired a new position in SPDR SSGA My2029 Corporate Bond ETF during the 3rd quarter worth about $306,000. Equitable Holdings Inc. grew its holdings in SPDR SSGA My2029 Corporate Bond ETF by 14.5% during the 3rd quarter. Equitable Holdings Inc. now owns 102,045 shares of the company’s stock worth $2,560,000 after acquiring an additional 12,954 shares during the last quarter. Farther Finance Advisors LLC bought a new stake in SPDR SSGA My2029 Corporate Bond ETF during the 4th quarter worth about $784,000. Finally, Lido Advisors LLC bought a new stake in SPDR SSGA My2029 Corporate Bond ETF during the 4th quarter worth about $5,689,000.

SPDR SSGA My2029 Corporate Bond ETF Company Profile

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.