Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Increases By 150.0%

by · The Markets Daily

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 855 shares, an increase of 150.0% from the May 31st total of 342 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,094 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of SPDR SSGA My2031 Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC raised its holdings in SPDR SSGA My2031 Corporate Bond ETF by 57.2% in the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock valued at $338,000 after buying an additional 4,940 shares during the last quarter. L2 Asset Management LLC bought a new stake in SPDR SSGA My2031 Corporate Bond ETF during the 3rd quarter worth approximately $485,000. Jane Street Group LLC grew its holdings in SPDR SSGA My2031 Corporate Bond ETF by 238.9% during the 1st quarter. Jane Street Group LLC now owns 36,325 shares of the company’s stock worth $892,000 after acquiring an additional 25,607 shares during the last quarter. Global Financial Private Client LLC increased its position in SPDR SSGA My2031 Corporate Bond ETF by 51.1% in the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after acquiring an additional 12,480 shares during the period. Finally, Lido Advisors LLC acquired a new position in SPDR SSGA My2031 Corporate Bond ETF in the 4th quarter valued at approximately $2,422,000.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCK traded down $0.01 during midday trading on Tuesday, reaching $24.86. 8 shares of the company were exchanged, compared to its average volume of 5,871. The stock’s 50-day moving average price is $24.81 and its 200-day moving average price is $24.98. SPDR SSGA My2031 Corporate Bond ETF has a one year low of $24.58 and a one year high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.0923 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.09.

About SPDR SSGA My2031 Corporate Bond ETF

(Get Free Report)

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.

Featured Articles