SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Down 91.3% in December

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 385 shares, a decrease of 91.3% from the November 30th total of 4,411 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,088 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 10,088 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2034 Corporate Bond ETF stock. Exchange Capital Management Inc. increased its holdings in SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) by 47.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,616 shares of the company’s stock after acquiring an additional 44,334 shares during the quarter. Exchange Capital Management Inc. owned about 46.21% of SPDR SSGA My2034 Corporate Bond ETF worth $3,406,000 as of its most recent filing with the Securities & Exchange Commission.

SPDR SSGA My2034 Corporate Bond ETF Stock Up 0.3%

NASDAQ:MYCN traded up $0.08 during mid-day trading on Wednesday, reaching $24.86. 4 shares of the company’s stock traded hands, compared to its average volume of 2,393. The company has a 50 day moving average price of $24.92 and a 200-day moving average price of $24.71. SPDR SSGA My2034 Corporate Bond ETF has a 12-month low of $23.35 and a 12-month high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a dividend of $0.105 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. This is a boost from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Thursday, December 18th.

About SPDR SSGA My2034 Corporate Bond ETF

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.