Short Interest in SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Declines By 91.3%

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 385 shares, a decrease of 91.3% from the November 30th total of 4,411 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,088 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 10,088 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are short sold.

SPDR SSGA My2034 Corporate Bond ETF Trading Up 0.3%

MYCN traded up $0.09 on Friday, reaching $24.87. 4 shares of the company traded hands, compared to its average volume of 2,393. SPDR SSGA My2034 Corporate Bond ETF has a one year low of $23.35 and a one year high of $25.20. The firm has a fifty day simple moving average of $24.91 and a two-hundred day simple moving average of $24.71.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a dividend of $0.105 per share. This is a boost from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR SSGA My2034 Corporate Bond ETF stock. Exchange Capital Management Inc. grew its position in SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) by 47.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 138,616 shares of the company’s stock after buying an additional 44,334 shares during the quarter. Exchange Capital Management Inc. owned 46.21% of SPDR SSGA My2034 Corporate Bond ETF worth $3,406,000 at the end of the most recent reporting period.

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.