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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 18,810 shares, an increase of 7,305.5% from the June 30th total of 254 shares. Based on an average trading volume of 15,631 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.1% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR SSGA My2031 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. L2 Asset Management LLC lifted its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the fourth 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. Private Advisor Group LLC grew its position in shares of 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 in the last quarter. Global Financial Private Client LLC grew its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the first quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after purchasing an additional 12,480 shares in the last quarter. Jane Street Group LLC raised its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock valued at $892,000 after purchasing an additional 25,607 shares during the period. Finally, Lido Advisors LLC purchased a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 4th quarter worth about $2,422,000.

SPDR SSGA My2031 Corporate Bond ETF Trading Up 0.1%

SPDR SSGA My2031 Corporate Bond ETF stock traded up $0.02 during midday trading on Friday, reaching $24.51. The stock had a trading volume of 1,610 shares, compared to its average volume of 7,331. SPDR SSGA My2031 Corporate Bond ETF has a 12 month low of $24.47 and a 12 month high of $25.39. The firm’s 50-day moving average price is $24.71 and its 200 day moving average price is $24.92.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.0921 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Wednesday, July 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.