SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Up 55.6% in January

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,878 shares, an increase of 55.6% from the December 31st total of 5,704 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 9,930 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 9,930 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Several large investors have recently modified their holdings of the stock. Hobbs Group Advisors LLC purchased a new position in SPDR SSGA My2026 Corporate Bond ETF in the 4th quarter valued at $575,000. Susquehanna International Group LLP lifted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after acquiring an additional 3,959 shares during the period. Fourth Dimension Wealth LLC purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the third quarter valued at about $699,000. Marathon Capital Management increased its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock worth $543,000 after acquiring an additional 11,133 shares during the period. Finally, Exchange Capital Management Inc. increased its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 349.6% during the second quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock worth $2,559,000 after acquiring an additional 79,295 shares during the period.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

Shares of MYCF traded up $0.00 during mid-day trading on Friday, hitting $25.11. 3,761 shares of the company’s stock were exchanged, compared to its average volume of 7,863. SPDR SSGA My2026 Corporate Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $27.41. The business’s 50 day moving average is $25.06 and its two-hundred day moving average is $25.07.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were paid a $0.0969 dividend. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Thursday, December 18th. This represents a c) annualized dividend and a dividend yield of 4.6%.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.