SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) Short Interest Update

SPDR SSGA My2029 Corporate Bond ETF (NASDAQ:MYCI) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 2,393 shares, a growth of 357.6% from the July 30th total of 523 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,185 shares, the short-interest ratio is currently 0.8 days.

SPDR SSGA My2029 Corporate Bond ETF Price Performance

SPDR SSGA My2029 Corporate Bond ETF stock remained flat at $24.69 during mid-day trading on Friday. 7,942 shares of the company were exchanged, compared to its average volume of 7,143. SPDR SSGA My2029 Corporate Bond ETF has a 52 week low of $24.58 and a 52 week high of $25.22. The company’s 50 day moving average price is $24.68 and its 200-day moving average price is $24.80.

SPDR SSGA My2029 Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.0933 dividend. The ex-dividend date was Monday, August 3rd. This is an increase from SPDR SSGA My2029 Corporate Bond ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On SPDR SSGA My2029 Corporate Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its position in shares of SPDR SSGA My2029 Corporate Bond ETF by 23.4% during the first quarter. Private Advisor Group LLC now owns 16,850 shares of the company’s stock valued at $419,000 after buying an additional 3,195 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR SSGA My2029 Corporate Bond ETF by 8.4% during the fourth quarter. LPL Financial LLC now owns 45,754 shares of the company’s stock worth $1,146,000 after acquiring an additional 3,540 shares during the last quarter. L2 Asset Management LLC increased its holdings in shares of SPDR SSGA My2029 Corporate Bond ETF by 6.3% during the fourth quarter. L2 Asset Management LLC now owns 63,659 shares of the company’s stock valued at $1,594,000 after acquiring an additional 3,782 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of SPDR SSGA My2029 Corporate Bond ETF in the 1st quarter valued at approximately $251,000. Finally, Equitable Holdings Inc. boosted its stake in SPDR SSGA My2029 Corporate Bond ETF by 10.2% in the 4th quarter. Equitable Holdings Inc. now owns 112,431 shares of the company’s stock worth $2,816,000 after purchasing an additional 10,386 shares in the last quarter.

About SPDR SSGA My2029 Corporate Bond ETF

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.