SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCN) Sees Large Decrease in Short Interest

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 817 shares, a decrease of 72.8% from the July 15th total of 2,999 shares. Based on an average daily trading volume, of 991 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold.

SPDR SSGA My2034 Corporate Bond ETF Trading Up 0.3%

Shares of NASDAQ MYCN traded up $0.08 during midday trading on Friday, hitting $24.13. 74 shares of the stock traded hands, compared to its average volume of 1,269. The business has a 50 day moving average price of $24.29 and a two-hundred day moving average price of $24.53. SPDR SSGA My2034 Corporate Bond ETF has a one year low of $24.02 and a one year high of $25.20.

SPDR SSGA My2034 Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.1004 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.0%.

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in MYCN. Global Assets Advisory LLC purchased a new stake in SPDR SSGA My2034 Corporate Bond ETF in the 1st quarter valued at about $52,000. Private Advisor Group LLC bought a new stake in SPDR SSGA My2034 Corporate Bond ETF in the 1st quarter valued at about $324,000. Finally, Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF in the fourth quarter valued at approximately $4,369,000.

About SPDR SSGA My2034 Corporate Bond ETF

(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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