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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 855 shares, an increase of 150.0% from the May 31st total of 342 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,094 shares, the short-interest ratio is presently 0.8 days.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

MYCK stock remained flat at $24.86 during midday trading on Monday. The company’s stock had a trading volume of 1,301 shares, compared to its average volume of 5,967. The firm has a 50 day moving average price of $24.81 and a 200 day moving average price of $24.98. SPDR SSGA My2031 Corporate Bond ETF has a 12-month low of $24.58 and a 12-month high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MYCK. Lido Advisors LLC increased its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% during the 1st quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after purchasing an additional 450,069 shares during the last quarter. Private Advisor Group LLC lifted its stake in SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the first 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 last quarter. Global Financial Private Client LLC boosted its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the first 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. L2 Asset Management LLC grew its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the fourth quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock valued at $574,000 after buying an additional 3,615 shares during the last quarter. Finally, Jane Street Group LLC raised its holdings 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 worth $892,000 after buying an additional 25,607 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.