Short Interest in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Rises By 190,550.0%

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 7,626 shares, a growth of 190,550.0% from the December 15th total of 4 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average trading volume of 2,048 shares, the short-interest ratio is presently 3.7 days. Based on an average trading volume of 2,048 shares, the short-interest ratio is presently 3.7 days. Approximately 2.5% of the company’s shares are sold short.

Institutional Trading of SPDR SSGA My2027 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2027 Municipal Bond ETF stock. Exchange Capital Management Inc. boosted its position in shares of SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) by 16.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,988 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

SPDR SSGA My2027 Municipal Bond ETF Stock Up 0.0%

Shares of NASDAQ:MYMG traded up $0.01 during midday trading on Monday, hitting $24.75. The company had a trading volume of 225 shares, compared to its average volume of 1,204. SPDR SSGA My2027 Municipal Bond ETF has a 12 month low of $24.26 and a 12 month high of $24.97. The firm has a fifty day simple moving average of $24.69 and a 200 day simple moving average of $24.68.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued 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 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.