SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Sees Large Drop in Short Interest

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 240 shares, a decrease of 96.2% from the March 31st total of 6,384 shares. Based on an average daily trading volume, of 5,137 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

NASDAQ:MYCF remained flat at $25.06 during trading hours on Friday. 8,059 shares of the company’s stock were exchanged, compared to its average volume of 10,330. The stock has a fifty day moving average price of $25.04 and a 200-day moving average price of $25.06. SPDR SSGA My2026 Corporate Bond ETF has a 1-year low of $24.09 and a 1-year high of $26.22.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.0895 dividend. The ex-dividend date was Wednesday, April 1st. This is a positive change from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of large investors have recently bought and sold shares of the stock. Susquehanna International Group LLP grew its holdings in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after purchasing an additional 3,959 shares during the period. Opulen Financial Group LLC grew its holdings in SPDR SSGA My2026 Corporate Bond ETF by 58.0% in the fourth quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after purchasing an additional 6,023 shares during the period. Jane Street Group LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the first quarter worth $390,000. Hobbs Group Advisors LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the fourth quarter worth $575,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the third quarter worth $699,000.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.