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

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,422 shares, an increase of 72.8% from the April 30th total of 1,980 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,960 shares, the short-interest ratio is presently 1.7 days.

SPDR SSGA My2031 Corporate Bond ETF Stock Down 0.1%

NASDAQ:MYCK opened at $24.71 on Thursday. The stock’s 50-day simple moving average is $24.85 and its 200 day simple moving average is $25.03. SPDR SSGA My2031 Corporate Bond ETF has a 52-week low of $24.39 and a 52-week high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be given a $0.0923 dividend. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Monday, June 1st.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Lido Advisors LLC acquired a new position in shares of SPDR SSGA My2031 Corporate Bond ETF in the fourth quarter valued at approximately $2,422,000. Jane Street Group LLC grew its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% in the first quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock valued at $892,000 after purchasing an additional 25,607 shares during the last quarter. L2 Asset Management LLC acquired a new position in shares of SPDR SSGA My2031 Corporate Bond ETF in the third quarter valued at approximately $485,000. Private Advisor Group LLC boosted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the first quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after buying an additional 4,940 shares during the period. Finally, Global Financial Private Client LLC boosted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the first quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after buying an additional 12,480 shares during the period.

About SPDR SSGA My2031 Corporate Bond ETF

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.