SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Sees Significant Growth in Short Interest

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 685 shares, an increase of 422.9% from the April 30th total of 131 shares. Based on an average daily trading volume, of 10,110 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 22.8% during the 4th quarter. LPL Financial LLC now owns 200,115 shares of the company’s stock worth $5,011,000 after purchasing an additional 37,149 shares during the period. Lido Advisors LLC grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 15.7% during the 1st quarter. Lido Advisors LLC now owns 113,967 shares of the company’s stock worth $2,855,000 after purchasing an additional 15,474 shares during the period. Hobbs Group Advisors LLC grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 230.5% during the 1st quarter. Hobbs Group Advisors LLC now owns 75,924 shares of the company’s stock worth $1,902,000 after purchasing an additional 52,952 shares during the period. Susquehanna International Group LLP grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after purchasing an additional 3,959 shares during the period. Finally, Fourth Dimension Wealth LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the 3rd quarter worth approximately $699,000.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

NASDAQ:MYCF traded up $0.02 during midday trading on Thursday, hitting $25.08. The company’s stock had a trading volume of 1,501 shares, compared to its average volume of 9,938. SPDR SSGA My2026 Corporate Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $26.22. The firm’s 50 day moving average is $25.03 and its 200-day moving average is $25.05.

SPDR SSGA My2026 Corporate Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.089 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.