SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Up ∞ in June

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,780 shares, an increase of ∞ from the June 15th total of 0 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 839 shares, the days-to-cover ratio is presently 2.1 days.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of MYMG traded down $0.01 on Friday, hitting $24.63. 108 shares of the stock traded hands, compared to its average volume of 1,705. The stock’s 50 day moving average is $24.70 and its two-hundred day moving average is $24.73. SPDR SSGA My2027 Municipal Bond ETF has a 1 year low of $24.51 and a 1 year high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.0566 dividend. This is a boost from SPDR SSGA My2027 Municipal Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 2.8%.

About SPDR SSGA My2027 Municipal Bond ETF

The SPDR SSgA My2027 Municipal Bond ETF (MYMG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade municipal bonds with effective maturities in 2027. Bonds are USD-denominated. MYMG was launched on Sep 23, 2024 and is issued by State Street.