SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) Sees Significant Growth in Short Interest

SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,554 shares, a growth of 12,850.0% from the August 31st total of 12 shares. Based on an average daily volume of 786 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.4% of the shares of the stock are sold short.

SPDR SSGA My2026 Municipal Bond ETF Price Performance

SPDR SSGA My2026 Municipal Bond ETF stock opened at $24.87 on Friday. SPDR SSGA My2026 Municipal Bond ETF has a fifty-two week low of $24.80 and a fifty-two week high of $25.05. The firm’s fifty day moving average price is $24.85 and its 200-day moving average price is $24.88.

SPDR SSGA My2026 Municipal Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.0574 dividend. This is a decrease from SPDR SSGA My2026 Municipal Bond ETF’s previous dividend of $0.0599. The ex-dividend date of this dividend was Tuesday, September 1st.

SPDR SSGA My2026 Municipal Bond ETF Company Profile

The SPDR SSgA My2026 Municipal Bond ETF (MYMF) 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 2026. Bonds are USD-denominated. MYMF was launched on Sep 23, 2024 and is issued by State Street.