SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Short Interest Update

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 69,244 shares, an increase of 897.9% from the January 15th total of 6,939 shares. Approximately 2.6% of the shares of the company are short sold. Based on an average trading volume of 176,367 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 176,367 shares, the short-interest ratio is currently 0.4 days. Approximately 2.6% of the shares of the company are short sold.

Institutional Trading of SPDR SSGA My2028 Corporate Bond ETF

Several institutional investors have recently made changes to their positions in MYCH. Beacon Financial Group bought a new position in SPDR SSGA My2028 Corporate Bond ETF during the third quarter worth about $221,000. Fourth Dimension Wealth LLC acquired a new position in shares of SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth approximately $287,000. Private Advisor Group LLC lifted its position in shares of SPDR SSGA My2028 Corporate Bond ETF by 15.7% during the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after buying an additional 2,270 shares during the period. Hobbs Group Advisors LLC acquired a new stake in SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter valued at $575,000. Finally, Sanctuary Advisors LLC grew its position in SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the fourth quarter. Sanctuary Advisors LLC now owns 26,899 shares of the company’s stock valued at $675,000 after acquiring an additional 1,876 shares during the period.

SPDR SSGA My2028 Corporate Bond ETF Price Performance

Shares of NASDAQ:MYCH traded up $0.02 during trading on Tuesday, hitting $25.13. 346,971 shares of the stock were exchanged, compared to its average volume of 124,269. SPDR SSGA My2028 Corporate Bond ETF has a 1-year low of $24.49 and a 1-year high of $25.27. The company’s fifty day simple moving average is $25.08 and its 200-day simple moving average is $25.08.

SPDR SSGA My2028 Corporate Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.0911 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

SPDR SSGA My2028 Corporate Bond ETF Company Profile

The SPDR SSgA My2028 Corporate Bond ETF (MYCH) 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 2028. Bonds are USD-denominated. MYCH was launched on Sep 23, 2024 and is issued by State Street.