SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Down 72.8% in July

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 817 shares, a decrease of 72.8% from the July 15th total of 2,999 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 991 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On SPDR SSGA My2034 Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the business. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF during the fourth quarter worth $4,369,000. Private Advisor Group LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at about $324,000. Finally, Global Assets Advisory LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at about $52,000.

SPDR SSGA My2034 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCN traded down $0.07 during mid-day trading on Friday, hitting $24.06. 74 shares of the stock were exchanged, compared to its average volume of 1,269. SPDR SSGA My2034 Corporate Bond ETF has a twelve month low of $24.02 and a twelve month high of $25.20. The stock’s fifty day simple moving average is $24.29 and its two-hundred day simple moving average is $24.53.

SPDR SSGA My2034 Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.1004 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.0%.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.