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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK – Get Free Report) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,077 shares, a growth of 56.7% from the August 31st total of 1,963 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 4,700 shares, the short-interest ratio is currently 0.7 days.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

NASDAQ:MYCK traded down $0.01 during mid-day trading on Wednesday, reaching $23.86. The stock had a trading volume of 6,753 shares, compared to its average volume of 6,580. SPDR SSGA My2031 Corporate Bond ETF has a twelve month low of $23.83 and a twelve month high of $25.39. The business has a 50 day simple moving average of $24.37 and a 200 day simple moving average of $24.65.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.0930 per share. This is a negative change from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0933. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of MYCK. Citadel Advisors LLC raised its position in SPDR SSGA My2031 Corporate Bond ETF by 237.8% in the second quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock worth $825,000 after acquiring an additional 23,419 shares in the last quarter. Lido Advisors LLC purchased a new stake in shares of SPDR SSGA My2031 Corporate Bond ETF during the 4th quarter worth $2,422,000. Private Advisor Group LLC grew its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st 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 period. Global Financial Private Client LLC grew its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock worth $919,000 after purchasing an additional 12,480 shares during the period. Finally, L2 Asset Management LLC increased its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% in the 4th quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock valued at $574,000 after purchasing an additional 3,615 shares in the last quarter.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

(Get Free Report)

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.

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