SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Shares Shorted: Short Interest Down 98.8% in October

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 20 shares, a decrease of 98.8% from the October 15th total of 1,672 shares. Based on an average daily volume of 227 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

SPDR SSGA My2027 Municipal Bond ETF Price Performance

Shares of MYMG traded down $0.08 during trading hours on Tuesday, hitting $24.68. The company’s stock had a trading volume of 1,119 shares, compared to its average volume of 1,324. The business has a 50 day simple moving average of $24.65 and a two-hundred day simple moving average of $24.69. SPDR SSGA My2027 Municipal Bond ETF has a 52-week low of $24.52 and a 52-week high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.0543 per share. The ex-dividend date was Monday, November 2nd. This represents a $0.65 annualized dividend and a dividend yield of 2.6%.

SPDR SSGA My2027 Municipal Bond ETF Company Profile

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.