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

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 118 shares, a decrease of 48.2% from the May 14th total of 228 shares. Based on an average trading volume of 762 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

MYMG stock traded up $0.03 during trading on Monday, hitting $24.73. The company had a trading volume of 3,870 shares, compared to its average volume of 1,912. The business has a 50-day moving average of $24.70 and a 200-day moving average of $24.73. SPDR SSGA My2027 Municipal Bond ETF has a one year low of $24.51 and a one year high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.0551 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 2.7%.

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.