SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Up 35.8% in December

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,680 shares, an increase of 35.8% from the November 30th total of 4,919 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 50,418 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 50,418 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of SPDR SSGA My2026 Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP grew its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after acquiring an additional 3,959 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter valued at about $699,000. Marathon Capital Management grew its holdings in SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock worth $543,000 after purchasing an additional 11,133 shares during the period. Exchange Capital Management Inc. increased its position in SPDR SSGA My2026 Corporate Bond ETF by 349.6% during the second quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock worth $2,559,000 after buying an additional 79,295 shares during the last quarter. Finally, McCarthy & Cox acquired a new position in SPDR SSGA My2026 Corporate Bond ETF during the second quarter worth approximately $5,328,000.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

NASDAQ MYCF traded up $0.01 during trading hours on Tuesday, hitting $25.03. 8,809 shares of the company traded hands, compared to its average volume of 11,407. The business’s 50-day moving average is $25.07 and its 200-day moving average is $25.07. SPDR SSGA My2026 Corporate Bond ETF has a twelve month low of $24.09 and a twelve month high of $27.41.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were issued a $0.0969 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, December 18th. This is a boost from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09.

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.