Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Grows By 36,821.4%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 20,676 shares, a growth of 36,821.4% from the August 15th total of 56 shares. Based on an average trading volume of 20,594 shares, the short-interest ratio is currently 1.0 days. Approximately 1.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MYCF. Susquehanna International Group LLP boosted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after acquiring an additional 3,959 shares in the last quarter. Opulen Financial Group LLC grew its position in SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the fourth 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. Lido Advisors LLC grew its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 15.7% in the 1st quarter. Lido Advisors LLC now owns 113,967 shares of the company’s stock worth $2,855,000 after buying an additional 15,474 shares during the last quarter. Jane Street Group LLC bought a new position in SPDR SSGA My2026 Corporate Bond ETF in the first quarter worth $390,000. Finally, Citadel Advisors LLC raised its holdings in SPDR SSGA My2026 Corporate Bond ETF by 208.9% in the 2nd quarter. Citadel Advisors LLC now owns 49,984 shares of the company’s stock worth $1,253,000 after acquiring an additional 33,803 shares during the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Stock Up 0.0%

Shares of NASDAQ:MYCF traded up $0.01 on Thursday, reaching $25.01. 5,456 shares of the company’s stock were exchanged, compared to its average volume of 11,022. The business’s 50-day moving average is $25.03 and its two-hundred day moving average is $25.03. SPDR SSGA My2026 Corporate Bond ETF has a fifty-two week low of $24.53 and a fifty-two week high of $26.22.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.0874 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.