SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Down 85.4% in August

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 56 shares, a decline of 85.4% from the July 30th total of 384 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,124 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Hobbs Group Advisors LLC lifted its stake in SPDR SSGA My2026 Corporate Bond ETF by 230.5% during the 1st quarter. Hobbs Group Advisors LLC now owns 75,924 shares of the company’s stock valued at $1,902,000 after acquiring an additional 52,952 shares in the last quarter. Lido Advisors LLC grew its stake 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 acquiring an additional 15,474 shares in the last quarter. LPL Financial LLC grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 22.8% in the 4th quarter. LPL Financial LLC now owns 200,115 shares of the company’s stock worth $5,011,000 after acquiring an additional 37,149 shares in the last quarter. Opulen Financial Group LLC raised its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% in the fourth quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock valued at $411,000 after purchasing an additional 6,023 shares during the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after purchasing an additional 3,959 shares during the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

MYCF remained flat at $25.06 during midday trading on Friday. The company’s stock had a trading volume of 53,827 shares, compared to its average volume of 11,132. SPDR SSGA My2026 Corporate Bond ETF has a 1 year low of $24.53 and a 1 year high of $26.22. The stock has a 50 day moving average of $25.03 and a two-hundred day moving average of $25.04.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0892 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 4.3%.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

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.