SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Up 612.9% in August

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 5,824 shares, an increase of 612.9% from the July 30th total of 817 shares. Based on an average daily volume of 5,336 shares, the short-interest ratio is presently 1.1 days. Currently, 1.7% of the shares of the company are sold short.

SPDR SSGA My2034 Corporate Bond ETF Stock Down 0.0%

Shares of NASDAQ MYCN traded down $0.01 during trading on Thursday, reaching $24.17. 174 shares of the stock traded hands, compared to its average volume of 1,537. SPDR SSGA My2034 Corporate Bond ETF has a 52-week low of $23.99 and a 52-week high of $25.20. The company has a 50-day moving average of $24.23 and a 200-day moving average of $24.48.

SPDR SSGA My2034 Corporate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.1004 per share. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.0%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Lido Advisors LLC purchased a new stake in SPDR SSGA My2034 Corporate Bond ETF in the fourth quarter valued at approximately $4,369,000. Private Advisor Group LLC purchased a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth about $324,000. Finally, Global Assets Advisory LLC bought a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter worth about $52,000.

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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