SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Stock Short Interest Report for September

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 8,100 shares, a growth of 146.2% from the September 15th total of 3,290 shares. Based on an average daily trading volume, of 7,150 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.4% of the shares of the stock are short sold.

SPDR SSGA My2027 Corporate Bond ETF Stock Performance

SPDR SSGA My2027 Corporate Bond ETF stock remained flat at $24.87 during mid-day trading on Wednesday. 5,271 shares of the company’s stock were exchanged, compared to its average volume of 7,215. SPDR SSGA My2027 Corporate Bond ETF has a 12 month low of $24.81 and a 12 month high of $25.14. The business’s 50-day simple moving average is $24.91 and its 200-day simple moving average is $24.94.

SPDR SSGA My2027 Corporate Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.0912 per share. The ex-dividend date of this dividend was Thursday, October 1st.

Institutional Investors Weigh In On SPDR SSGA My2027 Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of MYCG. Private Advisor Group LLC increased its stake in SPDR SSGA My2027 Corporate Bond ETF by 23.8% in the 1st quarter. Private Advisor Group LLC now owns 14,205 shares of the company’s stock valued at $355,000 after purchasing an additional 2,730 shares in the last quarter. Citadel Advisors LLC boosted its position in SPDR SSGA My2027 Corporate Bond ETF by 101.9% during the second quarter. Citadel Advisors LLC now owns 28,110 shares of the company’s stock worth $702,000 after purchasing an additional 14,189 shares in the last quarter. Hobbs Group Advisors LLC grew its holdings in SPDR SSGA My2027 Corporate Bond ETF by 100.0% in the first quarter. Hobbs Group Advisors LLC now owns 45,904 shares of the company’s stock valued at $1,148,000 after purchasing an additional 22,950 shares during the last quarter. L2 Asset Management LLC grew its holdings in SPDR SSGA My2027 Corporate Bond ETF by 6.4% in the fourth quarter. L2 Asset Management LLC now owns 63,603 shares of the company’s stock valued at $1,593,000 after purchasing an additional 3,810 shares during the last quarter. Finally, Lido Advisors LLC grew its holdings in SPDR SSGA My2027 Corporate Bond ETF by 15.7% in the first quarter. Lido Advisors LLC now owns 127,552 shares of the company’s stock valued at $3,189,000 after purchasing an additional 17,278 shares during the last quarter.

SPDR SSGA My2027 Corporate Bond ETF Company Profile

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.