SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Up 155.8% in May

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 3,481 shares, a growth of 155.8% from the April 30th total of 1,361 shares. Based on an average trading volume of 773 shares, the days-to-cover ratio is presently 4.5 days. Currently, 1.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MYCN. Global Assets Advisory LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at approximately $52,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at approximately $324,000. Finally, Lido Advisors LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the fourth quarter valued at approximately $4,369,000.

SPDR SSGA My2034 Corporate Bond ETF Stock Up 0.1%

NASDAQ:MYCN traded up $0.02 during trading hours on Friday, hitting $24.57. 1,484 shares of the company were exchanged, compared to its average volume of 1,080. SPDR SSGA My2034 Corporate Bond ETF has a one year low of $23.96 and a one year high of $25.20. The company has a fifty day simple moving average of $24.51 and a 200 day simple moving average of $24.75.

SPDR SSGA My2034 Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.1012 per share. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Friday, May 1st.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

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.