SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Shares Shorted: Short Interest Down 75.1% in October

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 135 shares, a decline of 75.1% from the September 30th total of 542 shares. Based on an average daily trading volume, of 874 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

SPDR SSGA My2034 Corporate Bond ETF Trading Up 0.3%

MYCN traded up $0.06 on Thursday, hitting $23.55. The company had a trading volume of 22,739 shares, compared to its average volume of 1,395. SPDR SSGA My2034 Corporate Bond ETF has a 12-month low of $23.04 and a 12-month high of $25.16. The business’s fifty day simple moving average is $23.57 and its 200 day simple moving average is $24.30.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1023 dividend. This is an increase from SPDR SSGA My2034 Corporate Bond ETF’s previous dividend of $0.1009. The ex-dividend date of this dividend was Thursday, October 1st.

Hedge Funds Weigh In On SPDR SSGA My2034 Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Global Assets Advisory LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF during the first quarter valued at approximately $52,000. Private Advisor Group LLC purchased a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter worth approximately $324,000. Finally, Lido Advisors LLC lifted its stake in shares of SPDR SSGA My2034 Corporate Bond ETF by 12.5% during the 1st quarter. Lido Advisors LLC now owns 198,171 shares of the company’s stock worth $4,867,000 after acquiring an additional 22,091 shares during the last quarter.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(Get Free Report)

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.

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