SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Short Interest Down 97.3% in January

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 379 shares, a drop of 97.3% from the January 15th total of 13,919 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,845 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 7,845 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

SPDR SSGA My2027 Corporate Bond ETF Stock Performance

Shares of SPDR SSGA My2027 Corporate Bond ETF stock traded down $0.01 during trading on Thursday, hitting $25.07. The company’s stock had a trading volume of 784 shares, compared to its average volume of 6,030. SPDR SSGA My2027 Corporate Bond ETF has a 52 week low of $24.65 and a 52 week high of $27.31. The stock has a 50-day moving average price of $25.05 and a two-hundred day moving average price of $25.05.

SPDR SSGA My2027 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0883 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

Hedge Funds Weigh In On SPDR SSGA My2027 Corporate Bond ETF

Hedge funds have recently made changes to their positions in the stock. Beacon Financial Group lifted its stake in shares of SPDR SSGA My2027 Corporate Bond ETF by 10.0% in the third quarter. Beacon Financial Group now owns 8,798 shares of the company’s stock worth $221,000 after acquiring an additional 798 shares during the period. Fourth Dimension Wealth LLC bought a new position in SPDR SSGA My2027 Corporate Bond ETF during the 3rd quarter worth approximately $281,000. LPL Financial LLC raised its holdings in SPDR SSGA My2027 Corporate Bond ETF by 11.7% during the 4th quarter. LPL Financial LLC now owns 230,565 shares of the company’s stock worth $5,774,000 after purchasing an additional 24,240 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of SPDR SSGA My2027 Corporate Bond ETF in the 2nd quarter worth approximately $916,000. Finally, Private Advisor Group LLC bought a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF in the 3rd quarter valued at $215,000.

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.