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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 28,587 shares, a growth of 1,439.4% from the October 15th total of 1,857 shares. Based on an average daily volume of 6,588 shares, the days-to-cover ratio is presently 4.3 days. Currently, 2.5% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MYCK. Lido Advisors LLC boosted its holdings 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 acquiring an additional 450,069 shares during the last quarter. Moneco Advisors LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF in the third quarter worth about $840,000. Citadel Advisors LLC lifted its position in SPDR SSGA My2031 Corporate Bond ETF by 237.8% during 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 period. Finally, Private Advisor Group LLC boosted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the 1st 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 down $0.15 during midday trading on Tuesday, reaching $24.01. The company had a trading volume of 55,962 shares, compared to its average volume of 7,245. The stock has a fifty day simple moving average of $24.05 and a 200 day simple moving average of $24.64. SPDR SSGA My2031 Corporate Bond ETF has a 1-year low of $23.73 and a 1-year high of $26.19.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.0963 per share. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $1.16 annualized dividend and a yield of 4.8%. This is a positive change from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0955.

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.