Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Rises By 128.0%

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,963 shares, a growth of 128.0% from the August 15th total of 861 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 4,989 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Private Advisor Group LLC boosted its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after purchasing an additional 4,940 shares during the period. L2 Asset Management LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the fourth 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 period. Citadel Advisors LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 237.8% during the second quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock worth $825,000 after buying an additional 23,419 shares during the period. Global Financial Private Client LLC lifted its stake in SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the first quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after buying an additional 12,480 shares during the last quarter. Finally, Lido Advisors LLC purchased a new stake in SPDR SSGA My2031 Corporate Bond ETF in the fourth quarter valued at approximately $2,422,000.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCK opened at $24.09 on Wednesday. SPDR SSGA My2031 Corporate Bond ETF has a twelve month low of $24.08 and a twelve month high of $25.39. The firm has a 50 day simple moving average of $24.50 and a 200-day simple moving average of $24.73.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a dividend of $0.093 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

About SPDR SSGA My2031 Corporate Bond ETF

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.