SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Short Interest Update

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 3,453 shares, an increase of 25.7% from the December 15th total of 2,748 shares. Based on an average daily volume of 10,244 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 10,244 shares, the short-interest ratio is currently 0.3 days.

SPDR SSGA My2027 Corporate Bond ETF Stock Down 0.0%

Shares of MYCG stock traded down $0.01 during mid-day trading on Tuesday, reaching $25.07. 1,233 shares of the company were exchanged, compared to its average volume of 5,932. The business’s 50 day simple moving average is $25.04 and its 200 day simple moving average is $25.03. SPDR SSGA My2027 Corporate Bond ETF has a fifty-two week low of $24.65 and a fifty-two week high of $27.31.

SPDR SSGA My2027 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued a dividend of $0.0886 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Investors Weigh In On SPDR SSGA My2027 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of MYCG. Private Advisor Group LLC acquired a new position in SPDR SSGA My2027 Corporate Bond ETF in the third quarter worth about $215,000. Beacon Financial Group raised its stake in SPDR SSGA My2027 Corporate Bond ETF by 10.0% during the third quarter. Beacon Financial Group now owns 8,798 shares of the company’s stock valued at $221,000 after buying an additional 798 shares in the last quarter. Global Financial Private Client LLC lifted its holdings in SPDR SSGA My2027 Corporate Bond ETF by 7.8% during the 2nd quarter. Global Financial Private Client LLC now owns 8,903 shares of the company’s stock worth $223,000 after buying an additional 644 shares during the last quarter. Oldfather Financial Services LLC bought a new position in SPDR SSGA My2027 Corporate Bond ETF during the 4th quarter worth approximately $250,000. Finally, Fourth Dimension Wealth LLC acquired a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the 3rd quarter worth approximately $281,000.

SPDR SSGA My2027 Corporate Bond ETF Company Profile

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.