SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Update

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 4 shares, a growth of 33.3% from the November 30th total of 3 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,043 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 4,043 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR SSGA My2027 Municipal Bond ETF stock. Exchange Capital Management Inc. boosted its holdings in shares of SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) by 16.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,988 shares of the company’s stock after buying an additional 5,038 shares during the period. Exchange Capital Management Inc. owned about 17.49% of SPDR SSGA My2027 Municipal Bond ETF worth $861,000 as of its most recent SEC filing.

SPDR SSGA My2027 Municipal Bond ETF Stock Up 0.0%

MYMG stock traded up $0.01 during trading on Tuesday, reaching $24.69. 727 shares of the stock were exchanged, compared to its average volume of 1,316. SPDR SSGA My2027 Municipal Bond ETF has a twelve month low of $24.26 and a twelve month high of $24.97. The stock has a 50 day simple moving average of $24.70 and a 200-day simple moving average of $24.67.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were given a dividend of $0.0597 per share. The ex-dividend date was Thursday, December 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%.

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.