SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH) Sees Large Drop in Short Interest

by · The Cerbat Gem

SPDR SSGA My2028 Corporate Bond ETF (NASDAQ:MYCH – Get Free Report) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 667 shares, a decline of 99.7% from the May 31st total of 229,117 shares. Based on an average trading volume of 306,838 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of SPDR SSGA My2028 Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of MYCH. Fourth Dimension Wealth LLC purchased a new stake in SPDR SSGA My2028 Corporate Bond ETF in the fourth quarter worth approximately $287,000. Private Advisor Group LLC lifted its holdings in shares of SPDR SSGA My2028 Corporate Bond ETF by 15.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,705 shares of the company’s stock worth $420,000 after acquiring an additional 2,270 shares during the last quarter. Hobbs Group Advisors LLC bought a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter worth approximately $575,000. Sanctuary Advisors LLC boosted its stake in shares of SPDR SSGA My2028 Corporate Bond ETF by 7.5% in the 4th quarter. Sanctuary Advisors LLC now owns 26,899 shares of the company’s stock valued at $675,000 after purchasing an additional 1,876 shares in the last quarter. Finally, Gradient Investments LLC purchased a new stake in shares of SPDR SSGA My2028 Corporate Bond ETF in the 4th quarter valued at $729,000.

SPDR SSGA My2028 Corporate Bond ETF Stock Up 0.1%

MYCH traded up $0.02 during trading on Thursday, reaching $24.88. The stock had a trading volume of 288,332 shares, compared to its average volume of 256,158. The business has a 50-day moving average of $24.89 and a 200-day moving average of $24.99. SPDR SSGA My2028 Corporate Bond ETF has a one year low of $24.80 and a one year high of $25.27.

SPDR SSGA My2028 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.0865 per share. This is a boost from SPDR SSGA My2028 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

About SPDR SSGA My2028 Corporate Bond ETF

(Get Free Report)

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.

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