SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Update

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 685 shares, an increase of 422.9% from the April 30th total of 131 shares. Based on an average daily trading volume, of 10,110 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

Shares of MYCF remained flat at $25.08 during trading hours on Friday. 24,516 shares of the company were exchanged, compared to its average volume of 10,100. SPDR SSGA My2026 Corporate Bond ETF has a 52 week low of $24.09 and a 52 week high of $26.22. The company’s 50-day simple moving average is $25.04 and its 200-day simple moving average is $25.05.

SPDR SSGA My2026 Corporate Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.089 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the 1st quarter valued at $390,000. Opulen Financial Group LLC increased its holdings in SPDR SSGA My2026 Corporate Bond ETF by 58.0% in the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock valued at $411,000 after acquiring an additional 6,023 shares during the last quarter. Hobbs Group Advisors LLC bought a new stake in SPDR SSGA My2026 Corporate Bond ETF in the 4th quarter valued at $575,000. Fourth Dimension Wealth LLC bought a new stake in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter valued at $699,000. Finally, Susquehanna International Group LLP increased its holdings in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after acquiring an additional 3,959 shares during the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

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.