SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Short Interest Update

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 685 shares, an increase of 422.9% from the April 30th total of 131 shares. Based on an average trading volume of 10,110 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of MYCF. Jane Street Group LLC bought a new position in SPDR SSGA My2026 Corporate Bond ETF in the first quarter valued at approximately $390,000. Fourth Dimension Wealth LLC bought a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the third quarter worth $699,000. Susquehanna International Group LLP boosted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the third quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock worth $1,037,000 after purchasing an additional 3,959 shares in the last quarter. Hobbs Group Advisors LLC bought a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the fourth quarter worth $575,000. Finally, Opulen Financial Group LLC boosted its position in shares of SPDR SSGA My2026 Corporate Bond ETF by 58.0% during the fourth quarter. Opulen Financial Group LLC now owns 16,399 shares of the company’s stock worth $411,000 after purchasing an additional 6,023 shares in the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

MYCF stock remained flat at $25.08 during midday trading on Friday. 24,516 shares of the company’s stock were exchanged, compared to its average volume of 10,100. SPDR SSGA My2026 Corporate Bond ETF has a 1 year low of $24.09 and a 1 year high of $26.22. The stock’s 50 day moving average price is $25.04 and its 200-day moving average price is $25.05.

SPDR SSGA My2026 Corporate Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.089 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

SPDR SSGA My2026 Corporate Bond ETF Company Profile

The SPDR SSgA My2026 Corporate Bond ETF (MYCF) 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 2026. Bonds are USD-denominated. MYCF was launched on Sep 23, 2023 and is issued by State Street.