SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Short Interest Update

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 13,232 shares, a growth of 352.7% from the August 15th total of 2,923 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 12,671 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On SPDR SSGA My2030 Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the fourth quarter valued at $4,388,000. Private Advisor Group LLC grew its stake in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% during the 1st quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock worth $255,000 after acquiring an additional 2,055 shares during the period. Equitable Holdings Inc. purchased a new stake in SPDR SSGA My2030 Corporate Bond ETF in the 4th quarter worth about $1,070,000. LPL Financial LLC raised its stake in SPDR SSGA My2030 Corporate Bond ETF by 21.0% in the 4th quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock valued at $622,000 after acquiring an additional 4,318 shares during the period. Finally, L2 Asset Management LLC raised its stake in SPDR SSGA My2030 Corporate Bond ETF by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 63,680 shares of the company’s stock valued at $1,593,000 after acquiring an additional 3,801 shares during the period.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.0%

MYCJ stock traded down $0.01 during midday trading on Friday, hitting $24.14. The company’s stock had a trading volume of 1,124 shares, compared to its average volume of 10,120. SPDR SSGA My2030 Corporate Bond ETF has a 1 year low of $24.13 and a 1 year high of $25.32. The stock’s 50-day moving average price is $24.46 and its 200 day moving average price is $24.66.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.0921 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.