Short Interest in SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Declines By 91.3%

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 385 shares, a drop of 91.3% from the November 30th total of 4,411 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,088 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 10,088 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

SPDR SSGA My2034 Corporate Bond ETF Trading Up 0.3%

SPDR SSGA My2034 Corporate Bond ETF stock traded up $0.08 during midday trading on Thursday, reaching $24.86. 4 shares of the company were exchanged, compared to its average volume of 2,393. SPDR SSGA My2034 Corporate Bond ETF has a 1 year low of $23.35 and a 1 year high of $25.20. The firm’s 50-day simple moving average is $24.92 and its 200-day simple moving average is $24.71.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were paid a $0.105 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Thursday, December 18th. This is an increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2034 Corporate Bond ETF stock. Exchange Capital Management Inc. grew its stake in shares of SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNFree Report) by 47.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 138,616 shares of the company’s stock after acquiring an additional 44,334 shares during the quarter. Exchange Capital Management Inc. owned about 46.21% of SPDR SSGA My2034 Corporate Bond ETF worth $3,406,000 at the end of the most recent quarter.

About SPDR SSGA My2034 Corporate Bond ETF

(Get Free Report)

The SPDR SSgA My2034 Corporate Bond ETF (MYCN) 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 2034. Bonds are USD-denominated. MYCN was launched on Sep 23, 2024 and is issued by State Street.

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