SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Sees Significant Decline in Short Interest

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 6,113 shares, a decrease of 66.5% from the September 15th total of 18,245 shares. Based on an average trading volume of 1,856 shares, the short-interest ratio is currently 3.3 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its position in SPDR SSGA My2030 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC boosted its position in shares of SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 0.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 338,482 shares of the company’s stock after buying an additional 2,920 shares during the period. Heartwood Wealth Advisors LLC owned 67.70% of SPDR SSGA My2030 Municipal Bond ETF worth $8,094,000 as of its most recent SEC filing.

SPDR SSGA My2030 Municipal Bond ETF Stock Performance

Shares of MYMJ stock traded down $0.01 during mid-day trading on Wednesday, hitting $24.00. 243 shares of the stock were exchanged, compared to its average volume of 1,650. The stock’s fifty day simple moving average is $24.38 and its two-hundred day simple moving average is $24.64. SPDR SSGA My2030 Municipal Bond ETF has a 12-month low of $23.84 and a 12-month high of $25.17.

SPDR SSGA My2030 Municipal Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.0601 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.0%.

About SPDR SSGA My2030 Municipal Bond ETF

The SPDR SSgA My2030 Municipal Bond ETF (MYMJ) 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 2030. Bonds are USD-denominated. MYMJ was launched on Sep 23, 2024 and is issued by State Street.