SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Short Interest Update

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 1,963 shares, a growth of 128.0% from the August 15th total of 861 shares. Based on an average daily volume of 4,989 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Large investors have recently modified their holdings of the stock. Lido Advisors LLC boosted its stake in SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the 1st quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock worth $13,613,000 after purchasing an additional 450,069 shares in the last quarter. Global Financial Private Client LLC increased its stake in SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after purchasing an additional 12,480 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the first quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after buying an additional 25,607 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 237.8% during the second quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock valued at $825,000 after buying an additional 23,419 shares during the last quarter. Finally, L2 Asset Management LLC increased its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the fourth quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock valued at $574,000 after acquiring an additional 3,615 shares in the last quarter.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCK opened at $24.12 on Monday. The company’s fifty day moving average is $24.53 and its 200 day moving average is $24.75. SPDR SSGA My2031 Corporate Bond ETF has a 52 week low of $24.12 and a 52 week high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.093 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About SPDR SSGA My2031 Corporate Bond ETF

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.