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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 254 shares, a decline of 70.3% from the June 15th total of 855 shares. Based on an average trading volume of 4,711 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

Shares of SPDR SSGA My2031 Corporate Bond ETF stock traded up $0.07 during trading hours on Tuesday, reaching $24.62. The company had a trading volume of 4,737 shares, compared to its average volume of 6,645. SPDR SSGA My2031 Corporate Bond ETF has a one year low of $24.55 and a one year high of $25.39. The business has a fifty day simple moving average of $24.75 and a 200 day simple moving average of $24.95.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MYCK. Private Advisor Group LLC increased its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the first quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after buying an additional 4,940 shares during the period. L2 Asset Management LLC purchased a new position in shares of SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter valued at $485,000. Jane Street Group LLC increased its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the first quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after purchasing an additional 25,607 shares during the period. Global Financial Private Client LLC increased its holdings 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 worth $919,000 after purchasing an additional 12,480 shares during the period. Finally, Lido Advisors LLC bought a new position in shares of SPDR SSGA My2031 Corporate Bond ETF in the fourth quarter worth $2,422,000.

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.