Short Interest in SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Decreases By 60.0%

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 523 shares, a drop of 60.0% from the July 15th total of 1,306 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 11,364 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On SPDR SSGA My2029 Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the stock. Sanctuary Advisors LLC acquired a new position in shares of SPDR SSGA My2029 Corporate Bond ETF in the first quarter worth $251,000. Private Advisor Group LLC purchased a new position in SPDR SSGA My2029 Corporate Bond ETF in the third quarter valued at about $306,000. Farther Finance Advisors LLC acquired a new position in SPDR SSGA My2029 Corporate Bond ETF in the 4th quarter worth about $784,000. Jane Street Group LLC increased its position in SPDR SSGA My2029 Corporate Bond ETF by 58.1% in the 2nd quarter. Jane Street Group LLC now owns 37,542 shares of the company’s stock worth $937,000 after purchasing an additional 13,791 shares during the last quarter. Finally, LPL Financial LLC raised its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.4% during the 4th quarter. LPL Financial LLC now owns 45,754 shares of the company’s stock worth $1,146,000 after purchasing an additional 3,540 shares in the last quarter.

SPDR SSGA My2029 Corporate Bond ETF Stock Down 0.0%

NASDAQ:MYCI traded down $0.01 during trading hours on Friday, hitting $24.69. 718 shares of the company’s stock traded hands, compared to its average volume of 6,845. The stock’s fifty day moving average price is $24.69 and its two-hundred day moving average price is $24.83. SPDR SSGA My2029 Corporate Bond ETF has a twelve month low of $24.58 and a twelve month high of $25.22.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.0933 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from SPDR SSGA My2029 Corporate Bond ETF’s previous dividend of $0.09.

SPDR SSGA My2029 Corporate Bond ETF Company Profile

The SPDR SSgA My2029 Corporate Bond ETF (MYCI) 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 2029. Bonds are USD-denominated. MYCI was launched on Sep 23, 2024 and is issued by State Street.