SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Short Interest Down 60.0% in July

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 523 shares, a drop of 60.0% from the July 15th total of 1,306 shares. Based on an average daily trading volume, of 11,364 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of SPDR SSGA My2029 Corporate Bond ETF

Several hedge funds have recently bought and sold shares of MYCI. Sanctuary Advisors LLC purchased a new position in shares of SPDR SSGA My2029 Corporate Bond ETF during the first quarter valued at about $251,000. Private Advisor Group LLC bought a new stake in shares of SPDR SSGA My2029 Corporate Bond ETF in the third quarter worth about $306,000. Farther Finance Advisors LLC purchased a new stake in shares of SPDR SSGA My2029 Corporate Bond ETF in the fourth quarter worth about $784,000. Jane Street Group LLC lifted its position in shares of SPDR SSGA My2029 Corporate Bond ETF by 58.1% in the second quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock worth $937,000 after buying an additional 13,791 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.4% in the fourth quarter. LPL Financial LLC now owns 45,754 shares of the company’s stock worth $1,146,000 after buying an additional 3,540 shares in the last quarter.

SPDR SSGA My2029 Corporate Bond ETF Price Performance

Shares of MYCI stock traded down $0.01 during mid-day trading on Friday, hitting $24.69. The company had a trading volume of 718 shares, compared to its average volume of 6,845. SPDR SSGA My2029 Corporate Bond ETF has a 52-week low of $24.58 and a 52-week high of $25.22. The stock’s 50 day moving average price is $24.69 and its 200-day moving average price is $24.83.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.0933 dividend. The ex-dividend date was Monday, August 3rd. This is an increase from SPDR SSGA My2029 Corporate Bond ETF’s previous dividend of $0.09.

SPDR SSGA My2029 Corporate Bond ETF Company Profile

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.