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

SPDR SSGA My2034 Corporate Bond ETF (NASDAQ:MYCNGet Free Report) was the target of a significant 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 991 shares, the short-interest ratio is currently 0.8 days.

SPDR SSGA My2034 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCN opened at $24.14 on Thursday. SPDR SSGA My2034 Corporate Bond ETF has a 52-week low of $24.02 and a 52-week high of $25.20. The business has a 50-day moving average price of $24.30 and a 200-day moving average price of $24.54.

SPDR SSGA My2034 Corporate Bond ETF Dividend Announcement

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

Institutional Trading of SPDR SSGA My2034 Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Lido Advisors LLC purchased a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF in the 4th quarter valued at $4,369,000. Private Advisor Group LLC acquired a new stake in shares of SPDR SSGA My2034 Corporate Bond ETF in the first quarter worth $324,000. Finally, Global Assets Advisory LLC purchased a new position in shares of SPDR SSGA My2034 Corporate Bond ETF during the first quarter worth $52,000.

SPDR SSGA My2034 Corporate Bond ETF Company Profile

(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.

See Also

Receive News & Ratings for SPDR SSGA My2034 Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR SSGA My2034 Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.