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

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCFGet Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 131 shares, a decrease of 45.4% from the April 15th total of 240 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 23,256 shares, the short-interest ratio is presently 0.0 days.

SPDR SSGA My2026 Corporate Bond ETF Stock Down 0.0%

MYCF traded down $0.01 on Monday, hitting $25.02. 3,657 shares of the company traded hands, compared to its average volume of 10,113. The company has a 50 day moving average of $25.03 and a 200-day moving average of $25.05. SPDR SSGA My2026 Corporate Bond ETF has a 12-month low of $24.09 and a 12-month high of $26.22.

SPDR SSGA My2026 Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.089 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the first quarter valued at about $390,000. Opulen Financial Group LLC increased its position in SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after purchasing an additional 6,023 shares during the period. Hobbs Group Advisors LLC purchased a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the 4th quarter worth approximately $575,000. Fourth Dimension Wealth LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter valued at approximately $699,000. Finally, Susquehanna International Group LLP boosted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after buying an additional 3,959 shares in the last quarter.

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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