SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Short Interest Up 352.7% in August

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,232 shares, an increase of 352.7% from the August 15th total of 2,923 shares. Based on an average daily trading volume, of 12,671 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR SSGA My2030 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Lido Advisors LLC increased its position in SPDR SSGA My2030 Corporate Bond ETF by 15.7% in the 1st quarter. Lido Advisors LLC now owns 203,050 shares of the company’s stock valued at $5,037,000 after acquiring an additional 27,609 shares during the period. Private Advisor Group LLC grew its holdings in SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the first quarter. Private Advisor Group LLC now owns 10,270 shares of the company’s stock valued at $255,000 after purchasing an additional 2,055 shares during the last quarter. Equitable Holdings Inc. purchased a new position in shares of SPDR SSGA My2030 Corporate Bond ETF in the fourth quarter valued at $1,070,000. L2 Asset Management LLC increased its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 6.3% in the fourth quarter. L2 Asset Management LLC now owns 63,680 shares of the company’s stock valued at $1,593,000 after buying an additional 3,801 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 21.0% in the fourth quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock valued at $622,000 after buying an additional 4,318 shares in the last quarter.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.2%

MYCJ stock traded down $0.04 on Friday, hitting $24.11. The company’s stock had a trading volume of 1,427 shares, compared to its average volume of 10,122. The firm has a 50 day moving average of $24.45 and a two-hundred day moving average of $24.65. SPDR SSGA My2030 Corporate Bond ETF has a 1 year low of $24.11 and a 1 year high of $25.32.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.0921 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, September 1st.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

The SPDR SSgA My2030 Corporate Bond ETF (MYCJ) 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 2030. Bonds are USD-denominated. MYCJ was launched on Sep 23, 2024 and is issued by State Street.