SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Shares Shorted: Short Interest Down 56.4% in October

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,857 shares, a decline of 56.4% from the September 30th total of 4,264 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 5,087 shares, the days-to-cover ratio is presently 0.4 days.

SPDR SSGA My2031 Corporate Bond ETF Trading Up 0.1%

MYCK traded up $0.03 on Friday, hitting $24.14. 12,592 shares of the stock were exchanged, compared to its average volume of 6,502. SPDR SSGA My2031 Corporate Bond ETF has a 12 month low of $23.73 and a 12 month high of $26.19. The business has a 50-day moving average of $24.11 and a two-hundred day moving average of $24.68.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.0955 per share. This is a boost from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0930. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.7%.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after purchasing an additional 4,940 shares during the last quarter. Citadel Advisors LLC boosted its stake in SPDR SSGA My2031 Corporate Bond ETF by 237.8% in the second quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock valued at $825,000 after buying an additional 23,419 shares in the last quarter. Finally, Lido Advisors LLC grew its position in SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after acquiring an additional 450,069 shares during the last quarter.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.