SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Stock Short Interest Report for October

SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,039 shares, a decrease of 37.8% from the September 30th total of 8,100 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 12,722 shares, the short-interest ratio is currently 0.4 days.

SPDR SSGA My2027 Corporate Bond ETF Stock Performance

MYCG opened at $24.83 on Wednesday. The company has a 50-day moving average price of $24.90 and a 200 day moving average price of $24.96. SPDR SSGA My2027 Corporate Bond ETF has a twelve month low of $24.81 and a twelve month high of $25.14.

SPDR SSGA My2027 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be paid a dividend of $0.0984 per share. The ex-dividend date is Monday, November 2nd. This is an increase from SPDR SSGA My2027 Corporate Bond ETF’s previous dividend of $0.0912.

Institutional Investors Weigh In On SPDR SSGA My2027 Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the business. Paladin Wealth LLC acquired a new position in SPDR SSGA My2027 Corporate Bond ETF in the third quarter valued at $261,000. Private Advisor Group LLC increased its stake in shares of SPDR SSGA My2027 Corporate Bond ETF by 23.8% in the first quarter. Private Advisor Group LLC now owns 14,205 shares of the company’s stock worth $355,000 after buying an additional 2,730 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of SPDR SSGA My2027 Corporate Bond ETF by 101.9% during the second quarter. Citadel Advisors LLC now owns 28,110 shares of the company’s stock worth $702,000 after purchasing an additional 14,189 shares during the last quarter. Hobbs Group Advisors LLC lifted its stake in SPDR SSGA My2027 Corporate Bond ETF by 100.0% during the first quarter. Hobbs Group Advisors LLC now owns 45,904 shares of the company’s stock worth $1,148,000 after purchasing an additional 22,950 shares during the last quarter. Finally, Woodmont Investment Counsel LLC bought a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF during the 3rd quarter valued at about $1,367,000.

SPDR SSGA My2027 Corporate Bond ETF Company Profile

The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.