SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Short Interest Down 60.4% in December

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,143 shares, a decrease of 60.4% from the November 30th total of 5,409 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 7,646 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 7,646 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Heartwood Wealth Advisors LLC lifted its stake in SPDR SSGA My2028 Corporate Bond ETF by 1.1% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 329,189 shares of the company’s stock valued at $8,245,000 after buying an additional 3,542 shares in the last quarter. Global Financial Private Client LLC acquired a new position in shares of SPDR SSGA My2028 Corporate Bond ETF in the second quarter worth $445,000. Masso Torrence Wealth Management Inc. lifted its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 13.1% in the second quarter. Masso Torrence Wealth Management Inc. now owns 32,093 shares of the company’s stock valued at $804,000 after acquiring an additional 3,722 shares in the last quarter. Exchange Capital Management Inc. lifted its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 40.8% in the second quarter. Exchange Capital Management Inc. now owns 199,036 shares of the company’s stock valued at $4,985,000 after acquiring an additional 57,716 shares in the last quarter. Finally, Beacon Financial Group acquired a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF during the third quarter valued at $221,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Up 0.1%

MYCH traded up $0.03 during trading on Friday, hitting $25.08. The company’s stock had a trading volume of 11,384 shares, compared to its average volume of 6,920. SPDR SSGA My2028 Corporate Bond ETF has a twelve month low of $24.39 and a twelve month high of $25.27. The business’s fifty day simple moving average is $25.08 and its 200 day simple moving average is $25.04.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued a $0.0946 dividend. This is a boost from SPDR SSGA My2028 Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Thursday, December 18th.

SPDR SSGA My2028 Corporate Bond ETF Company Profile

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) 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 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.