Short Interest in SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Decreases By 93.6%

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 371 shares, a decrease of 93.6% from the August 15th total of 5,824 shares. Based on an average daily trading volume, of 4,987 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF during the 4th quarter valued at $4,369,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the 1st quarter worth $324,000. Finally, Global Assets Advisory LLC purchased 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 MYCN remained flat at $23.62 during trading hours on Friday. The stock had a trading volume of 902 shares, compared to its average volume of 1,462. SPDR SSGA My2034 Corporate Bond ETF has a 1 year low of $23.62 and a 1 year high of $25.20. The company’s 50-day moving average is $24.10 and its 200 day moving average is $24.40.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.1036 dividend. This is an increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 5.3%.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(Get Free Report)

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.

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