SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Update

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 371 shares, a drop of 93.6% from the August 15th total of 5,824 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,987 shares, the short-interest ratio is currently 0.1 days.

SPDR SSGA My2034 Corporate Bond ETF Stock Down 0.1%

NASDAQ MYCN traded down $0.03 on Friday, reaching $23.59. The stock had a trading volume of 6 shares, compared to its average volume of 1,454. SPDR SSGA My2034 Corporate Bond ETF has a 12-month low of $23.59 and a 12-month high of $25.20. The stock has a fifty day moving average price of $24.08 and a two-hundred day moving average price of $24.39.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1036 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 5.3%. This is a boost from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

Hedge Funds Weigh In On SPDR SSGA My2034 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Global Assets Advisory LLC purchased a new stake in SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth about $52,000. Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter valued at approximately $324,000. Finally, Lido Advisors LLC purchased a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the fourth quarter valued at approximately $4,369,000.

About SPDR SSGA My2034 Corporate Bond ETF

(Get Free Report)

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.

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