Short Interest in SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Expands By 352.7%

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,232 shares, an increase of 352.7% from the August 15th total of 2,923 shares. Based on an average daily volume of 12,671 shares, the short-interest ratio is presently 1.0 days. Currently, 0.7% of the shares of the company are sold short.

Institutional Trading of SPDR SSGA My2030 Corporate Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC lifted its holdings in SPDR SSGA My2030 Corporate Bond ETF by 25.0% during the 1st quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock worth $255,000 after purchasing an additional 2,055 shares in the last quarter. LPL Financial LLC grew its holdings in SPDR SSGA My2030 Corporate Bond ETF by 21.0% during the 4th quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock valued at $622,000 after buying an additional 4,318 shares in the last quarter. Equitable Holdings Inc. bought a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter valued at about $1,070,000. L2 Asset Management LLC increased its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 6.3% during the fourth quarter. L2 Asset Management LLC now owns 63,680 shares of the company’s stock valued at $1,593,000 after buying an additional 3,801 shares during the period. Finally, Lido Advisors LLC purchased a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the fourth quarter worth about $4,388,000.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.0%

MYCJ traded down $0.01 on Friday, hitting $24.14. The company’s stock had a trading volume of 1,124 shares, compared to its average volume of 10,120. The company’s 50 day simple moving average is $24.46 and its 200-day simple moving average is $24.66. SPDR SSGA My2030 Corporate Bond ETF has a 12 month low of $24.13 and a 12 month high of $25.32.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.0921 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.