SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Stock Short Interest Report for October

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 24,667 shares, an increase of 97.9% from the September 30th total of 12,466 shares. Based on an average trading volume of 21,695 shares, the short-interest ratio is currently 1.1 days. Approximately 1.2% of the company’s stock are sold short.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.5%

MYCJ opened at $24.06 on Tuesday. The stock has a 50-day moving average price of $24.12 and a 200-day moving average price of $24.59. SPDR SSGA My2030 Corporate Bond ETF has a 1 year low of $23.81 and a 1 year high of $25.31.

SPDR SSGA My2030 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.0986 per share. The ex-dividend date is Monday, November 2nd. This represents a $1.18 dividend on an annualized basis and a yield of 4.9%. This is an increase from SPDR SSGA My2030 Corporate Bond ETF’s previous monthly dividend of $0.0932.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Lido Advisors LLC lifted its position in SPDR SSGA My2030 Corporate Bond ETF by 15.7% in the 1st quarter. Lido Advisors LLC now owns 203,050 shares of the company’s stock valued at $5,037,000 after acquiring an additional 27,609 shares in the last quarter. Heartwood Wealth Advisors LLC increased its holdings in shares of SPDR SSGA My2030 Corporate Bond ETF by 2.1% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 409,472 shares of the company’s stock worth $9,799,000 after purchasing an additional 8,570 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the 1st quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock worth $255,000 after purchasing an additional 2,055 shares in the last quarter.

About SPDR SSGA My2030 Corporate Bond ETF

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.