Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Drops By 85.4%

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 56 shares, a decline of 85.4% from the July 30th total of 384 shares. Based on an average daily trading volume, of 6,124 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SPDR SSGA My2026 Corporate Bond ETF Price Performance

MYCF remained flat at $25.06 during trading on Thursday. 6,445 shares of the company traded hands, compared to its average volume of 10,872. SPDR SSGA My2026 Corporate Bond ETF has a 1 year low of $24.53 and a 1 year high of $26.22. The stock has a fifty day moving average of $25.03 and a 200-day moving average of $25.04.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.0892 dividend. This is an increase from SPDR SSGA My2026 Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, August 3rd.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MYCF. Lido Advisors LLC acquired a new position in SPDR SSGA My2026 Corporate Bond ETF in the fourth quarter worth approximately $2,466,000. Hobbs Group Advisors LLC lifted its holdings in shares of SPDR SSGA My2026 Corporate Bond ETF by 230.5% in the first quarter. Hobbs Group Advisors LLC now owns 75,924 shares of the company’s stock valued at $1,902,000 after purchasing an additional 52,952 shares in the last quarter. 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. 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. Finally, Susquehanna International Group LLP boosted its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 10.6% during the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after buying an additional 3,959 shares during the period.

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.