Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Declines By 90.0%

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 342 shares, a decline of 90.0% from the May 14th total of 3,422 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 903 shares, the short-interest ratio is presently 0.4 days.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

NASDAQ:MYCK remained flat at $24.68 during trading hours on Wednesday. 427 shares of the company’s stock traded hands, compared to its average volume of 6,164. SPDR SSGA My2031 Corporate Bond ETF has a 12 month low of $24.45 and a 12 month high of $25.39. The company’s 50-day moving average is $24.85 and its 200 day moving average is $25.02.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.0923 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Monday, June 1st. This is a positive change from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Lido Advisors LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 4th quarter valued at approximately $2,422,000. PFG Private Wealth Management LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter valued at approximately $203,000. Global Financial Private Client LLC lifted its stake in 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 valued at $919,000 after acquiring an additional 12,480 shares during the period. Private Advisor Group LLC lifted its stake in 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 valued at $338,000 after acquiring an additional 4,940 shares during the period. Finally, L2 Asset Management LLC acquired a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter valued at approximately $485,000.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

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.