SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Sees Significant Decrease in Short Interest

Posted by Joseph Casey on Jun 16th, 2026

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN – Get Free Report) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 2,275 shares, a drop of 34.6% from the May 14th total of 3,481 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 2,098 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MYCN. Lido Advisors LLC acquired a new position in SPDR SSGA My2034 Corporate Bond ETF during the fourth quarter worth about $4,369,000. Private Advisor Group LLC acquired a new position in SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth about $324,000. Finally, Global Assets Advisory LLC acquired a new position in SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth about $52,000.

SPDR SSGA My2034 Corporate Bond ETF Stock Performance

NASDAQ MYCN remained flat at $24.47 on Tuesday. The company’s stock had a trading volume of 186 shares, compared to its average volume of 1,026. The stock’s 50 day moving average price is $24.50 and its two-hundred day moving average price is $24.71. SPDR SSGA My2034 Corporate Bond ETF has a 52-week low of $24.11 and a 52-week high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.101 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, June 1st.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(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.