Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Declines By 56.0%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 2,868 shares, a decline of 56.0% from the January 29th total of 6,519 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 6,183 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 6,183 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

Shares of NASDAQ:MYCF traded up $0.01 during midday trading on Friday, reaching $25.11. 5,569 shares of the company’s stock were exchanged, compared to its average volume of 7,600. The company’s 50 day simple moving average is $25.06 and its two-hundred day simple moving average is $25.07. SPDR SSGA My2026 Corporate Bond ETF has a 12 month low of $24.09 and a 12 month high of $27.41.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.0843 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP lifted 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 buying an additional 3,959 shares during the period. Opulen Financial Group LLC raised its stake 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 worth $411,000 after acquiring an additional 6,023 shares in the last quarter. Marathon Capital Management lifted its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after acquiring an additional 11,133 shares during the period. Jane Street Group LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the 1st quarter valued at $390,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the 4th quarter valued at $575,000.

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.