Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Drops By 26.6%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 6,519 shares, a decrease of 26.6% from the January 15th total of 8,878 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 5,745 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 5,745 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Trading of SPDR SSGA My2026 Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of MYCF. LPL Financial LLC boosted its position in SPDR SSGA My2026 Corporate Bond ETF by 22.8% during the 4th quarter. LPL Financial LLC now owns 200,115 shares of the company’s stock worth $5,011,000 after acquiring an additional 37,149 shares during the period. Lido Advisors LLC purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the fourth quarter worth approximately $2,466,000. Opulen Financial Group LLC boosted its holdings 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 during the period. Hobbs Group Advisors LLC acquired a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF during the fourth quarter worth approximately $575,000. Finally, Susquehanna International Group LLP grew its position in 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 valued at $1,037,000 after purchasing an additional 3,959 shares in the last quarter.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

Shares of MYCF traded up $0.01 during mid-day trading on Friday, hitting $25.07. The company’s stock had a trading volume of 6,949 shares, compared to its average volume of 7,288. The firm has a 50-day moving average price of $25.05 and a 200 day moving average price of $25.07. SPDR SSGA My2026 Corporate Bond ETF has a fifty-two week low of $24.09 and a fifty-two week high of $27.41.

SPDR SSGA My2026 Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.0843 dividend. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, February 2nd.

About SPDR SSGA My2026 Corporate Bond ETF

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.