SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Update

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 371 shares, a drop of 93.6% from the August 15th total of 5,824 shares. Based on an average daily volume of 4,987 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

SPDR SSGA My2034 Corporate Bond ETF Stock Down 0.8%

Shares of NASDAQ MYCN traded down $0.18 during midday trading on Thursday, reaching $23.62. The company’s stock had a trading volume of 902 shares, compared to its average volume of 1,462. The business’s 50 day moving average price is $24.10 and its two-hundred day moving average price is $24.40. SPDR SSGA My2034 Corporate Bond ETF has a fifty-two week low of $23.62 and a fifty-two week high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1036 per share. This is a boost from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 5.3%.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the stock. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF during the 4th quarter valued at $4,369,000. Private Advisor Group LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter worth $324,000. Finally, Global Assets Advisory LLC bought a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter worth $52,000.

About SPDR SSGA My2034 Corporate Bond ETF

(Get Free Report)

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.

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