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

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 1,411 shares, a decline of 35.0% from the January 15th total of 2,172 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 966 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 966 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.5% of the shares of the stock are short sold.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

A hedge fund recently bought a new stake 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:MYCNFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 176,080 shares of the company’s stock, valued at approximately $4,369,000. Lido Advisors LLC owned 58.69% of SPDR SSGA My2034 Corporate Bond ETF as of its most recent SEC filing.

SPDR SSGA My2034 Corporate Bond ETF Price Performance

MYCN stock traded up $0.17 on Friday, reaching $25.06. The company had a trading volume of 12 shares, compared to its average volume of 956. The company’s fifty day moving average is $24.85 and its 200 day moving average is $24.84. SPDR SSGA My2034 Corporate Bond ETF has a 1 year low of $23.35 and a 1 year high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1012 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, February 2nd.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(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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