SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Short Interest Down 52.5% in April

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 6,549 shares, a decrease of 52.5% from the April 15th total of 13,778 shares. Based on an average trading volume of 10,982 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of SPDR SSGA My2030 Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. PFG Private Wealth Management LLC acquired a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF during the third quarter worth $202,000. Private Advisor Group LLC raised its holdings in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% during the first quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock worth $255,000 after purchasing an additional 2,055 shares during the period. LPL Financial LLC raised its holdings in shares of SPDR SSGA My2030 Corporate Bond ETF by 21.0% during the fourth quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock worth $622,000 after purchasing an additional 4,318 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter worth $788,000. Finally, Equitable Holdings Inc. acquired a new stake in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter worth $1,070,000.

SPDR SSGA My2030 Corporate Bond ETF Trading Down 0.4%

NASDAQ MYCJ traded down $0.10 during trading hours on Friday, reaching $24.59. 1,725 shares of the company traded hands, compared to its average volume of 12,224. SPDR SSGA My2030 Corporate Bond ETF has a 12 month low of $24.36 and a 12 month high of $25.32. The company has a 50 day moving average of $24.79 and a two-hundred day moving average of $24.94.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.0921 per share. The ex-dividend date of this dividend was Friday, May 1st.

About SPDR SSGA My2030 Corporate Bond ETF

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.