Short Interest in SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Rises By 7,305.5%

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 18,810 shares, an increase of 7,305.5% from the June 30th total of 254 shares. Approximately 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 15,631 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

Several institutional investors have recently modified their holdings of MYCK. Lido Advisors LLC lifted its holdings in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the 1st quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock worth $13,613,000 after acquiring an additional 450,069 shares during the last quarter. Global Financial Private Client LLC increased its holdings in SPDR SSGA My2031 Corporate Bond ETF by 51.1% during the 1st quarter. Global Financial Private Client LLC now owns 36,905 shares of the company’s stock valued at $919,000 after purchasing an additional 12,480 shares during the period. Jane Street Group LLC increased 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 valued at $892,000 after purchasing an additional 25,607 shares during the period. L2 Asset Management LLC raised its position in SPDR SSGA My2031 Corporate Bond ETF by 18.8% during the 4th quarter. L2 Asset Management LLC now owns 22,876 shares of the company’s stock valued at $574,000 after purchasing an additional 3,615 shares during the last quarter. Finally, Private Advisor Group LLC lifted 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 worth $338,000 after buying an additional 4,940 shares during the period.

SPDR SSGA My2031 Corporate Bond ETF Stock Up 0.1%

Shares of NASDAQ:MYCK opened at $24.51 on Friday. The company has a 50 day moving average of $24.71 and a 200 day moving average of $24.92. SPDR SSGA My2031 Corporate Bond ETF has a 12 month low of $24.47 and a 12 month high of $25.39.

SPDR SSGA My2031 Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.0921 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

SPDR SSGA My2031 Corporate Bond ETF Company Profile

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.