Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Decreases By 26.6%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 6,519 shares, a drop of 26.6% from the January 15th total of 8,878 shares. Based on an average trading volume of 5,745 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are sold short. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 5,745 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MYCF. Jane Street Group LLC bought a new position in SPDR SSGA My2026 Corporate Bond ETF during the first quarter worth about $390,000. Opulen Financial Group LLC raised its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% in the 4th quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after buying an additional 6,023 shares in the last quarter. Marathon Capital Management lifted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% during the 2nd quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock worth $543,000 after buying an additional 11,133 shares during the period. Hobbs Group Advisors LLC bought a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the 4th quarter worth approximately $575,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in SPDR SSGA My2026 Corporate Bond ETF in the 3rd quarter valued at $699,000.

SPDR SSGA My2026 Corporate Bond ETF Stock Up 0.0%

MYCF stock traded up $0.01 during midday trading on Monday, hitting $25.07. The stock had a trading volume of 6,949 shares, compared to its average volume of 7,288. SPDR SSGA My2026 Corporate Bond ETF has a 52 week low of $24.09 and a 52 week high of $27.41. The stock has a 50-day simple moving average of $25.05 and a 200 day simple moving average of $25.07.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders 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 dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd.

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.