SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Stock Short Interest Report for October

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 1,857 shares, a drop of 56.4% from the September 30th total of 4,264 shares. Based on an average daily trading volume, of 5,087 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its stake 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 purchasing an additional 23,419 shares during the last quarter. Lido Advisors LLC grew its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% during the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock worth $13,613,000 after purchasing an additional 450,069 shares during the period. Finally, Private Advisor Group LLC increased its holdings in SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the first quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after purchasing an additional 4,940 shares during the last quarter.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

Shares of SPDR SSGA My2031 Corporate Bond ETF stock traded up $0.03 during trading on Friday, reaching $24.14. The company’s stock had a trading volume of 12,507 shares, compared to its average volume of 6,501. The stock has a 50-day moving average price of $24.12 and a two-hundred day moving average price of $24.68. SPDR SSGA My2031 Corporate Bond ETF has a one year low of $23.73 and a one year high of $26.19.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a $0.0955 dividend. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0930. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, October 1st.

About SPDR SSGA My2031 Corporate Bond ETF

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.