SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Up 20.4% in February

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 3,452 shares, an increase of 20.4% from the February 12th total of 2,868 shares. Based on an average daily volume of 8,138 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 8,138 shares, the days-to-cover ratio is currently 0.4 days.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

MYCF stock opened at $25.03 on Wednesday. SPDR SSGA My2026 Corporate Bond ETF has a 1 year low of $24.09 and a 1 year high of $27.41. The company has a fifty day simple moving average of $25.06 and a 200 day simple moving average of $25.07.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.0885 dividend. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Fourth Dimension Wealth LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter worth approximately $699,000. Marathon Capital Management raised its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% in the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after purchasing an additional 11,133 shares during the period. Susquehanna International Group LLP lifted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after buying an additional 3,959 shares during the last quarter. Hobbs Group Advisors LLC bought a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the 4th quarter worth $575,000. Finally, Opulen Financial Group LLC boosted its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after buying an additional 6,023 shares during the period.

About SPDR SSGA My2026 Corporate Bond ETF

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.