SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Short Interest Up 72.8% in May

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,422 shares, an increase of 72.8% from the April 30th total of 1,980 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 1,960 shares, the short-interest ratio is presently 1.7 days.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Several hedge funds have recently made changes to their positions in MYCK. Lido Advisors LLC lifted its stake in shares of 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 acquiring an additional 450,069 shares during the period. Jane Street Group LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after acquiring an additional 25,607 shares during the period. L2 Asset Management LLC acquired a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF in the 3rd quarter worth $485,000. Global Financial Private Client LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock worth $919,000 after acquiring an additional 12,480 shares during the period. Finally, PFG Private Wealth Management LLC acquired a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF in the 3rd quarter worth $203,000.

SPDR SSGA My2031 Corporate Bond ETF Trading Down 0.0%

Shares of NASDAQ:MYCK opened at $24.75 on Wednesday. The firm has a fifty day moving average price of $24.85 and a 200 day moving average price of $25.03. SPDR SSGA My2031 Corporate Bond ETF has a 1-year low of $24.39 and a 1-year high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be paid a $0.0923 dividend. This is a boost from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

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.