Short Interest in SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Increases By 33.4%

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,858 shares, a growth of 33.4% from the December 15th total of 2,143 shares. Based on an average trading volume of 9,538 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 9,538 shares, the days-to-cover ratio is presently 0.3 days.

SPDR SSGA My2028 Corporate Bond ETF Stock Performance

SPDR SSGA My2028 Corporate Bond ETF stock remained flat at $25.08 during midday trading on Friday. 86,780 shares of the company were exchanged, compared to its average volume of 31,498. SPDR SSGA My2028 Corporate Bond ETF has a 1 year low of $24.49 and a 1 year high of $25.27. The firm has a fifty day moving average of $25.07 and a two-hundred day moving average of $25.06.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were issued a dividend of $0.0946 per share. This is a positive change from SPDR SSGA My2028 Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date was Thursday, December 18th.

Institutional Investors Weigh In On SPDR SSGA My2028 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of MYCH. Heartwood Wealth Advisors LLC grew its stake in SPDR SSGA My2028 Corporate Bond ETF by 1.2% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 339,713 shares of the company’s stock valued at $8,522,000 after acquiring an additional 3,995 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the fourth quarter worth approximately $729,000. L2 Asset Management LLC purchased a new position in SPDR SSGA My2028 Corporate Bond ETF during the third quarter valued at approximately $1,501,000. Equitable Holdings Inc. grew its position in SPDR SSGA My2028 Corporate Bond ETF by 16.5% during the third quarter. Equitable Holdings Inc. now owns 113,368 shares of the company’s stock valued at $2,850,000 after purchasing an additional 16,057 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in SPDR SSGA My2028 Corporate Bond ETF by 15.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock valued at $420,000 after buying an additional 2,270 shares during the period.

About SPDR SSGA My2028 Corporate Bond ETF

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) 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 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.