SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Short Interest Down 86.8% in June

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJGet Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,813 shares, a drop of 86.8% from the June 15th total of 13,771 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 10,142 shares, the short-interest ratio is currently 0.2 days.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.1%

Shares of SPDR SSGA My2030 Corporate Bond ETF stock traded down $0.03 during trading on Friday, hitting $24.53. 5,017 shares of the stock traded hands, compared to its average volume of 10,513. The company has a fifty day moving average price of $24.65 and a two-hundred day moving average price of $24.84. SPDR SSGA My2030 Corporate Bond ETF has a twelve month low of $24.51 and a twelve month high of $25.32.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.0922 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC grew its stake in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the 1st quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock valued at $255,000 after purchasing an additional 2,055 shares during the period. LPL Financial LLC grew its position in SPDR SSGA My2030 Corporate Bond ETF by 21.0% in the fourth quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock valued at $622,000 after acquiring an additional 4,318 shares during the period. Farther Finance Advisors LLC acquired a new position in SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter worth $788,000. Equitable Holdings Inc. bought a new position in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter valued at $1,070,000. Finally, L2 Asset Management LLC acquired a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF in the 3rd quarter valued at $1,501,000.

About SPDR SSGA My2030 Corporate Bond ETF

(Get Free Report)

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.

Further Reading

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