Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Decreases By 65.8%

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 861 shares, a decrease of 65.8% from the July 30th total of 2,517 shares. Based on an average trading volume of 2,826 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Lido Advisors LLC grew its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% during the first quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after buying an additional 450,069 shares during the last quarter. Global Financial Private Client LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock worth $919,000 after acquiring an additional 12,480 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after acquiring an additional 25,607 shares during the last quarter. L2 Asset Management LLC lifted its stake in shares of SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the 4th quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock worth $574,000 after acquiring an additional 3,615 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after acquiring an additional 4,940 shares during the period.

SPDR SSGA My2031 Corporate Bond ETF Price Performance

Shares of SPDR SSGA My2031 Corporate Bond ETF stock traded down $0.08 during trading on Friday, hitting $24.49. The stock had a trading volume of 11,153 shares, compared to its average volume of 6,952. SPDR SSGA My2031 Corporate Bond ETF has a 12 month low of $24.47 and a 12 month high of $25.39. The firm’s fifty day simple moving average is $24.62 and its 200-day simple moving average is $24.82.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.0933 dividend. This is an increase from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About SPDR SSGA My2031 Corporate Bond ETF

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.