SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Short Interest Update

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,963 shares, an increase of 128.0% from the August 15th total of 861 shares. Based on an average daily trading volume, of 4,989 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Lido Advisors LLC raised its stake in SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after buying an additional 450,069 shares in the last quarter. Global Financial Private Client LLC increased its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after acquiring an additional 12,480 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 237.8% in the 2nd quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock valued at $825,000 after acquiring an additional 23,419 shares during the last quarter. L2 Asset Management LLC raised its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the 4th quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock worth $574,000 after acquiring an additional 3,615 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock worth $338,000 after acquiring an additional 4,940 shares in the last quarter.

SPDR SSGA My2031 Corporate Bond ETF Stock Down 0.0%

Shares of MYCK stock traded down $0.01 during trading hours on Tuesday, reaching $24.09. 3,127 shares of the stock were exchanged, compared to its average volume of 6,796. The business’s fifty day moving average is $24.51 and its two-hundred day moving average is $24.74. SPDR SSGA My2031 Corporate Bond ETF has a 12-month low of $24.08 and a 12-month high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.093 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.