SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Sees Significant Increase in Short Interest

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,672 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 287 shares, the short-interest ratio is currently 5.8 days.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of SPDR SSGA My2027 Municipal Bond ETF stock traded up $0.02 during trading on Friday, reaching $24.75. The company’s stock had a trading volume of 12 shares, compared to its average volume of 1,298. The stock has a 50-day moving average price of $24.65 and a two-hundred day moving average price of $24.69. SPDR SSGA My2027 Municipal Bond ETF has a one year low of $24.52 and a one year high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.0558 per share. The ex-dividend date was Thursday, October 1st. This is a positive change from SPDR SSGA My2027 Municipal Bond ETF’s previous dividend of $0.0553.

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.