SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Short Interest Update

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 6,549 shares, a drop of 52.5% from the April 15th total of 13,778 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 10,982 shares, the short-interest ratio is presently 0.6 days.

SPDR SSGA My2030 Corporate Bond ETF Trading Down 0.4%

Shares of MYCJ stock traded down $0.10 during mid-day trading on Friday, hitting $24.59. 1,725 shares of the stock were exchanged, compared to its average volume of 12,224. The firm has a fifty day moving average of $24.80 and a 200 day moving average of $24.95. SPDR SSGA My2030 Corporate Bond ETF has a 52-week low of $24.36 and a 52-week high of $25.32.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.0921 dividend. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC grew its stake in SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the 1st quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock valued at $255,000 after acquiring an additional 2,055 shares during the period. L2 Asset Management LLC increased its holdings in SPDR SSGA My2030 Corporate Bond ETF by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 63,680 shares of the company’s stock worth $1,593,000 after acquiring an additional 3,801 shares in the last quarter. LPL Financial LLC raised its position in SPDR SSGA My2030 Corporate Bond ETF by 21.0% during the fourth quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock worth $622,000 after acquiring an additional 4,318 shares during the period. Heartwood Wealth Advisors LLC raised its position in SPDR SSGA My2030 Corporate Bond ETF by 2.0% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 348,594 shares of the company’s stock worth $8,718,000 after acquiring an additional 6,832 shares during the period. Finally, PFG Private Wealth Management LLC purchased a new position in SPDR SSGA My2030 Corporate Bond ETF during the third quarter valued at $202,000.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.