Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Declines By 96.2%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 240 shares, a decrease of 96.2% from the March 31st total of 6,384 shares. Based on an average daily volume of 5,137 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

MYCF stock remained flat at $25.06 during mid-day trading on Friday. The company’s stock had a trading volume of 8,059 shares, compared to its average volume of 10,330. SPDR SSGA My2026 Corporate Bond ETF has a 12 month low of $24.09 and a 12 month high of $26.22. The business’s fifty day moving average price is $25.04 and its two-hundred day moving average price is $25.06.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a $0.0895 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, April 1st. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF in the 1st quarter worth about $390,000. Opulen Financial Group LLC increased its position in SPDR SSGA My2026 Corporate Bond ETF by 58.0% in the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after purchasing an additional 6,023 shares during the last quarter. Hobbs Group Advisors LLC acquired a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the 4th quarter valued at about $575,000. Fourth Dimension Wealth LLC acquired a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the 3rd quarter valued at about $699,000. Finally, Susquehanna International Group LLP increased its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after acquiring an additional 3,959 shares during the last quarter.

About SPDR SSGA My2026 Corporate Bond ETF

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.