SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Short Interest Update

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 8,601 shares, a growth of 259.4% from the August 15th total of 2,393 shares. Based on an average daily volume of 10,373 shares, the short-interest ratio is presently 0.8 days. Approximately 0.6% of the shares of the stock are sold short.

Hedge Funds Weigh In On SPDR SSGA My2029 Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC boosted its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.7% during the first quarter. Lido Advisors LLC now owns 246,913 shares of the company’s stock valued at $6,143,000 after acquiring an additional 19,787 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in SPDR SSGA My2029 Corporate Bond ETF in the 1st quarter valued at about $251,000. Private Advisor Group LLC lifted its holdings in SPDR SSGA My2029 Corporate Bond ETF by 23.4% in the 1st quarter. Private Advisor Group LLC now owns 16,850 shares of the company’s stock valued at $419,000 after purchasing an additional 3,195 shares in the last quarter. Equitable Holdings Inc. lifted its holdings in SPDR SSGA My2029 Corporate Bond ETF by 10.2% in the 4th quarter. Equitable Holdings Inc. now owns 112,431 shares of the company’s stock valued at $2,816,000 after purchasing an additional 10,386 shares in the last quarter. Finally, L2 Asset Management LLC lifted its holdings in SPDR SSGA My2029 Corporate Bond ETF by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 63,659 shares of the company’s stock valued at $1,594,000 after purchasing an additional 3,782 shares in the last quarter.

SPDR SSGA My2029 Corporate Bond ETF Trading Down 0.1%

Shares of MYCI traded down $0.02 during mid-day trading on Friday, reaching $24.40. 2,107 shares of the company’s stock were exchanged, compared to its average volume of 6,896. SPDR SSGA My2029 Corporate Bond ETF has a 52-week low of $24.40 and a 52-week high of $25.22. The company has a 50-day simple moving average of $24.64 and a two-hundred day simple moving average of $24.76.

SPDR SSGA My2029 Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.0925 per share. The ex-dividend date of this dividend was Tuesday, September 1st.

About SPDR SSGA My2029 Corporate Bond ETF

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.