Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Grows By 55.6%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCFGet Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 8,878 shares, an increase of 55.6% from the December 31st total of 5,704 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 9,930 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 9,930 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the shares of the company are short sold.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

NASDAQ MYCF traded down $0.08 during trading hours on Monday, hitting $25.04. 4,392 shares of the company’s stock traded hands, compared to its average volume of 7,639. SPDR SSGA My2026 Corporate Bond ETF has a 52 week low of $24.09 and a 52 week high of $27.41. The business’s fifty day moving average price is $25.06 and its two-hundred day moving average price is $25.07.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a $0.0843 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the first quarter valued at $390,000. Marathon Capital Management lifted its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% in the 2nd quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after buying an additional 11,133 shares during the period. Hobbs Group Advisors LLC purchased a new position in shares of SPDR SSGA My2026 Corporate Bond ETF in the 4th quarter valued at about $575,000. Fourth Dimension Wealth LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF during the third quarter worth $699,000. Finally, Susquehanna International Group LLP lifted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after buying an additional 3,959 shares in the last quarter.

About SPDR SSGA My2026 Corporate Bond ETF

(Get Free Report)

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.

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