Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Drops By 26.6%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 6,519 shares, a decline of 26.6% from the January 15th total of 8,878 shares. Based on an average trading volume of 5,745 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 5,745 shares, the short-interest ratio is currently 1.1 days.

SPDR SSGA My2026 Corporate Bond ETF Trading Up 0.0%

Shares of MYCF opened at $25.07 on Friday. The business’s fifty day simple moving average is $25.05 and its two-hundred day simple moving average is $25.07. SPDR SSGA My2026 Corporate Bond ETF has a 12 month low of $24.09 and a 12 month high of $27.41.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.0843 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP grew its position in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after purchasing an additional 3,959 shares during the period. Opulen Financial Group LLC lifted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock valued at $411,000 after buying an additional 6,023 shares in the last quarter. Marathon Capital Management increased its holdings in 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 worth $543,000 after acquiring an additional 11,133 shares in the last quarter. Jane Street Group LLC purchased a new position in SPDR SSGA My2026 Corporate Bond ETF during the first quarter valued at approximately $390,000. Finally, Hobbs Group Advisors LLC bought a new position in shares of SPDR SSGA My2026 Corporate Bond ETF in the fourth quarter worth approximately $575,000.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

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.