SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Sees Significant Decrease in Short Interest

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 817 shares, a drop of 72.8% from the July 15th total of 2,999 shares. Based on an average daily trading volume, of 991 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are short sold.

SPDR SSGA My2034 Corporate Bond ETF Price Performance

Shares of NASDAQ MYCN opened at $24.14 on Thursday. SPDR SSGA My2034 Corporate Bond ETF has a fifty-two week low of $24.02 and a fifty-two week high of $25.20. The business has a 50-day simple moving average of $24.30 and a two-hundred day simple moving average of $24.54.

SPDR SSGA My2034 Corporate Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.1004 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

Large investors have recently bought and sold shares of the stock. Global Assets Advisory LLC acquired a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth $52,000. Private Advisor Group LLC acquired a new position in shares of SPDR SSGA My2034 Corporate Bond ETF in the 1st quarter valued at $324,000. Finally, Lido Advisors LLC increased its position in shares of SPDR SSGA My2034 Corporate Bond ETF by 12.5% in the 1st quarter. Lido Advisors LLC now owns 198,171 shares of the company’s stock valued at $4,867,000 after acquiring an additional 22,091 shares during the period.

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.

See Also

Receive News & Ratings for SPDR SSGA My2034 Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR SSGA My2034 Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.