SPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG) Short Interest Up 52.5% in March
by Teresa Graham · The Cerbat GemSPDR SSGA My2027 Corporate Bond ETF (NASDAQ:MYCG – Get Free Report) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 18,024 shares, an increase of 52.5% from the March 15th total of 11,820 shares. Based on an average daily trading volume, of 5,298 shares, the days-to-cover ratio is currently 3.4 days. Currently, 1.5% of the shares of the stock are sold short.
SPDR SSGA My2027 Corporate Bond ETF Trading Up 0.0%
Shares of MYCG stock traded up $0.01 during mid-day trading on Tuesday, reaching $24.98. The company’s stock had a trading volume of 2,557 shares, compared to its average volume of 5,322. SPDR SSGA My2027 Corporate Bond ETF has a 1-year low of $24.79 and a 1-year high of $25.14. The firm’s 50-day moving average is $25.01 and its two-hundred day moving average is $25.04.
SPDR SSGA My2027 Corporate Bond ETF Announces Dividend
The firm also recently disclosed a dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.0883 dividend. The ex-dividend date was Wednesday, April 1st.
Hedge Funds Weigh In On SPDR SSGA My2027 Corporate Bond ETF
A number of hedge funds have recently made changes to their positions in the business. L2 Asset Management LLC raised its stake in shares of SPDR SSGA My2027 Corporate Bond ETF by 6.4% in the 4th quarter. L2 Asset Management LLC now owns 63,603 shares of the company’s stock valued at $1,593,000 after buying an additional 3,810 shares in the last quarter. LPL Financial LLC grew its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 11.7% in the 4th quarter. LPL Financial LLC now owns 230,565 shares of the company’s stock worth $5,774,000 after purchasing an additional 24,240 shares during the last quarter. Lido Advisors LLC bought a new stake in shares of SPDR SSGA My2027 Corporate Bond ETF in the 4th quarter worth about $2,761,000. Fourth Dimension Wealth LLC grew its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 155.6% in the 4th quarter. Fourth Dimension Wealth LLC now owns 28,609 shares of the company’s stock worth $716,000 after purchasing an additional 17,414 shares during the last quarter. Finally, Sanctuary Advisors LLC grew its holdings in shares of SPDR SSGA My2027 Corporate Bond ETF by 0.4% in the 4th quarter. Sanctuary Advisors LLC now owns 98,501 shares of the company’s stock worth $2,467,000 after purchasing an additional 421 shares during the last quarter.
About SPDR SSGA My2027 Corporate Bond ETF
The SPDR SSgA My2027 Corporate Bond ETF (MYCG) 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 2027. Bonds are USD-denominated. MYCG was launched on Sep 23, 2024 and is issued by State Street.