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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant 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 daily volume of 15,631 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.1% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Several large investors have recently made changes to their positions in the business. L2 Asset Management LLC boosted its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% in the 4th quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock worth $574,000 after buying an additional 3,615 shares during the last quarter. Private Advisor Group LLC grew its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after acquiring an additional 4,940 shares during the period. Global Financial Private Client LLC increased its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the 1st 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 last quarter. Jane Street Group LLC raised its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the 1st 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. Finally, Lido Advisors LLC purchased a new position in SPDR SSGA My2031 Corporate Bond ETF in the fourth quarter valued at approximately $2,422,000.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

Shares of SPDR SSGA My2031 Corporate Bond ETF stock traded up $0.02 on Friday, reaching $24.51. 1,610 shares of the company’s stock were exchanged, compared to its average volume of 7,331. The firm’s 50-day moving average is $24.71 and its two-hundred day moving average is $24.92. SPDR SSGA My2031 Corporate Bond ETF has a 52 week low of $24.47 and a 52 week high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.0921 dividend. 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.