SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Short Interest Update

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,366 shares, a growth of 67.7% from the January 29th total of 1,411 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average trading volume of 1,078 shares, the short-interest ratio is currently 2.2 days. Based on an average trading volume of 1,078 shares, the short-interest ratio is currently 2.2 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SPDR SSGA My2034 Corporate Bond ETF stock. Lido Advisors LLC acquired a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 176,080 shares of the company’s stock, valued at approximately $4,369,000. Lido Advisors LLC owned approximately 58.69% of SPDR SSGA My2034 Corporate Bond ETF as of its most recent SEC filing.

SPDR SSGA My2034 Corporate Bond ETF Trading Down 0.7%

SPDR SSGA My2034 Corporate Bond ETF stock traded down $0.18 during midday trading on Monday, reaching $24.93. 2,863 shares of the stock traded hands, compared to its average volume of 950. SPDR SSGA My2034 Corporate Bond ETF has a fifty-two week low of $23.35 and a fifty-two week high of $25.20. The firm has a fifty day moving average price of $24.90 and a two-hundred day moving average price of $24.89.

SPDR SSGA My2034 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a $0.1017 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.9%. This is an increase from SPDR SSGA My2034 Corporate Bond ETF’s previous monthly dividend of $0.10.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

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.