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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 254 shares, a drop of 70.3% from the June 15th total of 855 shares. Based on an average daily trading volume, of 4,711 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MYCK. Jane Street Group LLC raised 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 valued at $892,000 after purchasing an additional 25,607 shares in the last quarter. L2 Asset Management LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the third quarter worth $485,000. Lido Advisors LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the fourth quarter worth $2,422,000. Global Financial Private Client LLC increased its holdings in 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 valued at $919,000 after buying an additional 12,480 shares during the period. Finally, Private Advisor Group LLC increased its holdings in SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after buying an additional 4,940 shares during the period.

SPDR SSGA My2031 Corporate Bond ETF Trading Down 0.1%

MYCK traded down $0.03 on Friday, hitting $24.63. 131,874 shares of the stock traded hands, compared to its average volume of 6,694. The business has a fifty day moving average price of $24.76 and a two-hundred day moving average price of $24.95. SPDR SSGA My2031 Corporate Bond ETF has a 52 week low of $24.58 and a 52 week high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.0921 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.