Short Interest in SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF) Rises By 35.8%

by · The Markets Daily

SPDR SSGA My2026 Corporate Bond ETF (NASDAQ:MYCF – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,680 shares, an increase of 35.8% from the November 30th total of 4,919 shares. Based on an average daily volume of 50,418 shares, the short-interest ratio is currently 0.1 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 50,418 shares, the short-interest ratio is currently 0.1 days.

SPDR SSGA My2026 Corporate Bond ETF Stock Performance

Shares of NASDAQ MYCF traded up $0.01 during mid-day trading on Wednesday, reaching $25.04. 27,843 shares of the company’s stock were exchanged, compared to its average volume of 11,473. The company’s 50-day moving average is $25.06 and its 200-day moving average is $25.07. SPDR SSGA My2026 Corporate Bond ETF has a 52-week low of $24.09 and a 52-week high of $27.41.

SPDR SSGA My2026 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were given a dividend of $0.0969 per share. This is a boost 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 dividend yield of 4.6%. The ex-dividend date was Thursday, December 18th.

Hedge Funds Weigh In On SPDR SSGA My2026 Corporate Bond ETF

Hedge funds have recently made changes to their positions in the stock. Susquehanna International Group LLP increased its holdings in SPDR SSGA My2026 Corporate Bond ETF by 10.6% in the 3rd quarter. Susquehanna International Group LLP now owns 41,255 shares of the company’s stock valued at $1,037,000 after purchasing an additional 3,959 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in shares of SPDR SSGA My2026 Corporate Bond ETF during the third quarter worth $699,000. Marathon Capital Management grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 106.0% in the second quarter. Marathon Capital Management now owns 21,637 shares of the company’s stock valued at $543,000 after buying an additional 11,133 shares in the last quarter. Exchange Capital Management Inc. grew its stake in shares of SPDR SSGA My2026 Corporate Bond ETF by 349.6% in the second quarter. Exchange Capital Management Inc. now owns 101,977 shares of the company’s stock valued at $2,559,000 after buying an additional 79,295 shares in the last quarter. Finally, McCarthy & Cox purchased a new stake in shares of SPDR SSGA My2026 Corporate Bond ETF in the 2nd quarter valued at $5,328,000.

About SPDR SSGA My2026 Corporate Bond ETF

(Get Free Report)

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.

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