SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Stock Short Interest Report for October

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 1,857 shares, a drop of 56.4% from the September 30th total of 4,264 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 5,087 shares, the short-interest ratio is presently 0.4 days.

SPDR SSGA My2031 Corporate Bond ETF Trading Up 0.1%

Shares of NASDAQ MYCK traded up $0.03 during mid-day trading on Friday, reaching $24.14. The company had a trading volume of 12,592 shares, compared to its average volume of 6,502. SPDR SSGA My2031 Corporate Bond ETF has a 52-week low of $23.73 and a 52-week high of $26.19. The firm has a 50 day simple moving average of $24.11 and a two-hundred day simple moving average of $24.68.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a $0.0955 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.15 annualized dividend and a dividend yield of 4.7%. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0930.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MYCK. Citadel Advisors LLC grew its holdings in SPDR SSGA My2031 Corporate Bond ETF by 237.8% during the 2nd quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock valued at $825,000 after buying an additional 23,419 shares during the last quarter. Lido Advisors LLC grew its stake in SPDR SSGA My2031 Corporate Bond ETF by 466.2% during the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock worth $13,613,000 after buying an additional 450,069 shares during the period. Finally, 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 worth $338,000 after purchasing an additional 4,940 shares during the period.

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.