SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Sees Significant Increase in Short Interest

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCFGet Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,676 shares, a growth of 36,821.4% from the August 15th total of 56 shares. Based on an average daily trading volume, of 20,594 shares, the short-interest ratio is currently 1.0 days. Currently, 1.1% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Several large investors have recently made changes to their positions in the stock. Citadel Advisors LLC lifted its position in SPDR SSGA My2026 Corporate Bond ETF by 208.9% in the 2nd quarter. Citadel Advisors LLC now owns 49,984 shares of the company’s stock valued at $1,253,000 after acquiring an additional 33,803 shares in the last quarter. Hobbs Group Advisors LLC lifted its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 230.5% in the first quarter. Hobbs Group Advisors LLC now owns 75,924 shares of the company’s stock valued at $1,902,000 after purchasing an additional 52,952 shares in the last quarter. Lido Advisors LLC boosted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 15.7% during the first quarter. Lido Advisors LLC now owns 113,967 shares of the company’s stock worth $2,855,000 after buying an additional 15,474 shares during the period. LPL Financial LLC grew its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 22.8% during the fourth quarter. LPL Financial LLC now owns 200,115 shares of the company’s stock worth $5,011,000 after buying an additional 37,149 shares in the last quarter. Finally, Opulen Financial Group LLC grew its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the fourth quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after buying an additional 6,023 shares in the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

NASDAQ:MYCF opened at $25.01 on Friday. SPDR SSGA My2026 Corporate Bond ETF has a 1 year low of $24.53 and a 1 year high of $26.22. The stock has a 50-day moving average price of $25.03 and a two-hundred day moving average price of $25.03.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.0874 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

(Get Free Report)

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.

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