SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Short Interest Up 357.6% in August

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 2,393 shares, a growth of 357.6% from the July 30th total of 523 shares. Based on an average daily trading volume, of 3,185 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Lido Advisors LLC lifted its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.7% in the first quarter. Lido Advisors LLC now owns 246,913 shares of the company’s stock valued at $6,143,000 after buying an additional 19,787 shares in the last quarter. Equitable Holdings Inc. raised its holdings in shares of SPDR SSGA My2029 Corporate Bond ETF by 10.2% in the 4th quarter. Equitable Holdings Inc. now owns 112,431 shares of the company’s stock worth $2,816,000 after acquiring an additional 10,386 shares during the last quarter. L2 Asset Management LLC lifted its position in SPDR SSGA My2029 Corporate Bond ETF by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 63,659 shares of the company’s stock valued at $1,594,000 after acquiring an additional 3,782 shares in the last quarter. LPL Financial LLC lifted its position in SPDR SSGA My2029 Corporate Bond ETF by 8.4% in the 4th quarter. LPL Financial LLC now owns 45,754 shares of the company’s stock valued at $1,146,000 after acquiring an additional 3,540 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in SPDR SSGA My2029 Corporate Bond ETF by 58.1% during the 2nd quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock valued at $937,000 after purchasing an additional 13,791 shares during the last quarter.

SPDR SSGA My2029 Corporate Bond ETF Stock Down 0.1%

NASDAQ:MYCI traded down $0.02 on Wednesday, hitting $24.70. The stock had a trading volume of 1,230 shares, compared to its average volume of 7,137. SPDR SSGA My2029 Corporate Bond ETF has a 52 week low of $24.58 and a 52 week high of $25.22. The business’s fifty day moving average is $24.68 and its 200 day moving average is $24.81.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Investors 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.