Short Interest in SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ) Drops By 86.8%

by · The Markets Daily

SPDR SSGA My2030 Corporate Bond ETF (NASDAQ:MYCJ – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1,813 shares, a drop of 86.8% from the June 15th total of 13,771 shares. Based on an average daily trading volume, of 10,142 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On SPDR SSGA My2030 Corporate Bond ETF

Several institutional investors have recently added to or reduced their stakes in MYCJ. Private Advisor Group LLC raised its stake in shares of SPDR SSGA My2030 Corporate Bond ETF by 25.0% in the 1st 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 period. LPL Financial LLC boosted its position in shares of SPDR SSGA My2030 Corporate Bond ETF by 21.0% during the fourth quarter. LPL Financial LLC now owns 24,856 shares of the company’s stock worth $622,000 after buying an additional 4,318 shares during the period. Farther Finance Advisors LLC bought a new position in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter worth about $788,000. Equitable Holdings Inc. bought a new position in shares of SPDR SSGA My2030 Corporate Bond ETF during the fourth quarter worth about $1,070,000. Finally, L2 Asset Management LLC acquired a new stake in SPDR SSGA My2030 Corporate Bond ETF in the 3rd quarter valued at approximately $1,501,000.

SPDR SSGA My2030 Corporate Bond ETF Stock Down 0.1%

NASDAQ MYCJ traded down $0.03 during trading on Friday, reaching $24.53. 5,017 shares of the stock traded hands, compared to its average volume of 10,513. SPDR SSGA My2030 Corporate Bond ETF has a fifty-two week low of $24.51 and a fifty-two week high of $25.32. The stock’s 50-day moving average price is $24.65 and its 200 day moving average price is $24.84.

SPDR SSGA My2030 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.0922 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

SPDR SSGA My2030 Corporate Bond ETF Company Profile

(Get Free Report)

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.

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