SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) Stock Short Interest Report for October

SPDR SSGA My2031 Corporate Bond ETF (NASDAQ:MYCK) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,857 shares, a decrease of 56.4% from the September 30th total of 4,264 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 5,087 shares, the days-to-cover ratio is currently 0.4 days.

SPDR SSGA My2031 Corporate Bond ETF Stock Performance

Shares of NASDAQ:MYCK traded up $0.03 during mid-day trading on Friday, reaching $24.14. The stock had a trading volume of 12,507 shares, compared to its average volume of 6,501. The firm has a 50 day simple moving average of $24.12 and a two-hundred day simple moving average of $24.68. SPDR SSGA My2031 Corporate Bond ETF has a twelve month low of $23.73 and a twelve month high of $26.19.

SPDR SSGA My2031 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.0955 dividend. This represents a $1.15 annualized dividend and a yield of 4.7%. This is a boost from SPDR SSGA My2031 Corporate Bond ETF’s previous monthly dividend of $0.0930. The ex-dividend date was Thursday, October 1st.

Hedge Funds Weigh In On SPDR SSGA My2031 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MYCK. Lido Advisors LLC increased its position in shares of SPDR SSGA My2031 Corporate Bond ETF by 466.2% in the 1st quarter. Lido Advisors LLC now owns 546,601 shares of the company’s stock valued at $13,613,000 after buying an additional 450,069 shares in the last quarter. Citadel Advisors LLC raised its stake in SPDR SSGA My2031 Corporate Bond ETF by 237.8% during the 2nd quarter. Citadel Advisors LLC now owns 33,268 shares of the company’s stock worth $825,000 after buying an additional 23,419 shares during the period. Finally, Private Advisor Group LLC raised its stake in SPDR SSGA My2031 Corporate Bond ETF by 57.2% during the 1st quarter. Private Advisor Group LLC now owns 13,577 shares of the company’s stock worth $338,000 after buying an additional 4,940 shares during the period.

About SPDR SSGA My2031 Corporate Bond ETF

The SPDR SSgA My2031 Corporate Bond ETF (MYCK) 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 2031. Bonds are USD-denominated. MYCK was launched on Sep 23, 2024 and is issued by State Street.