SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Update

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 1,746 shares, a drop of 26.2% from the February 12th total of 2,366 shares. Based on an average daily volume of 980 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 980 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On SPDR SSGA My2034 Corporate Bond ETF

An institutional investor recently bought a new position in SPDR SSGA My2034 Corporate Bond ETF stock. Lido Advisors LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 176,080 shares of the company’s stock, valued at approximately $4,369,000. Lido Advisors LLC owned 58.69% of SPDR SSGA My2034 Corporate Bond ETF at the end of the most recent quarter.

SPDR SSGA My2034 Corporate Bond ETF Stock Performance

NASDAQ:MYCN traded up $0.10 during mid-day trading on Monday, hitting $24.53. 369 shares of the company traded hands, compared to its average volume of 973. The stock’s fifty day moving average price is $24.89 and its 200-day moving average price is $24.90. SPDR SSGA My2034 Corporate Bond ETF has a one year low of $23.35 and a one year high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

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.