Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Decreases By 90.0%

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 342 shares, a decrease of 90.0% from the May 14th total of 3,422 shares. Based on an average daily volume of 903 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold.

SPDR SSGA My2031 Corporate Bond ETF Stock Up 0.4%

NASDAQ:MYCK traded up $0.11 during midday trading on Thursday, hitting $24.77. The stock had a trading volume of 483 shares, compared to its average volume of 6,058. SPDR SSGA My2031 Corporate Bond ETF has a one year low of $24.53 and a one year high of $25.39. The stock has a 50-day moving average of $24.84 and a 200 day moving average of $25.01.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.0923 dividend. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. PFG Private Wealth Management LLC bought a new position in SPDR SSGA My2031 Corporate Bond ETF in the third quarter worth approximately $203,000. Private Advisor Group LLC boosted its position in SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after acquiring an additional 4,940 shares in the last quarter. L2 Asset Management LLC bought a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter valued at $485,000. Jane Street Group LLC boosted its position in SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock valued at $892,000 after acquiring an additional 25,607 shares in the last quarter. Finally, Global Financial Private Client LLC boosted its position 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 acquiring an additional 12,480 shares in the last quarter.

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.