Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Rises By 547.8%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 22,361 shares, a growth of 547.8% from the February 26th total of 3,452 shares. Based on an average daily volume of 13,515 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.1% of the company’s shares are short sold. Currently, 1.1% of the company’s shares are short sold. Based on an average daily volume of 13,515 shares, the days-to-cover ratio is currently 1.7 days.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the company. LPL Financial LLC increased its position in SPDR SSGA My2026 Corporate Bond ETF by 22.8% during the 4th quarter. LPL Financial LLC now owns 200,115 shares of the company’s stock valued at $5,011,000 after purchasing an additional 37,149 shares during the period. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the 4th quarter valued at about $2,466,000. Opulen Financial Group LLC boosted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the 4th 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 in the last quarter. Hobbs Group Advisors LLC purchased a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the fourth quarter valued at about $575,000. Finally, Susquehanna International Group LLP raised its stake in 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 worth $1,037,000 after buying an additional 3,959 shares in the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Stock Up 0.0%

Shares of SPDR SSGA My2026 Corporate Bond ETF stock traded up $0.01 on Wednesday, hitting $25.05. The stock had a trading volume of 3,044 shares, compared to its average volume of 8,739. SPDR SSGA My2026 Corporate Bond ETF has a one year low of $24.09 and a one year high of $27.41. The stock’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 Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0885 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.08.

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.