SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) Short Interest Update

SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,071 shares, an increase of 2,786.1% from the December 15th total of 245 shares. Based on an average daily volume of 1,948 shares, the days-to-cover ratio is presently 3.6 days. Currently, 1.4% of the company’s shares are sold short. Currently, 1.4% of the company’s shares are sold short. Based on an average daily volume of 1,948 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR SSGA My2026 Municipal Bond ETF stock. Exchange Capital Management Inc. raised its stake in SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) by 18.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,678 shares of the company’s stock after purchasing an additional 5,928 shares during the quarter. Exchange Capital Management Inc. owned about 18.84% of SPDR SSGA My2026 Municipal Bond ETF worth $937,000 at the end of the most recent quarter.

SPDR SSGA My2026 Municipal Bond ETF Price Performance

Shares of NASDAQ:MYMF traded down $0.03 during midday trading on Monday, reaching $24.93. The company’s stock had a trading volume of 5,951 shares, compared to its average volume of 11,593. The business has a 50 day moving average price of $24.93 and a 200 day moving average price of $24.91. SPDR SSGA My2026 Municipal Bond ETF has a 1 year low of $24.44 and a 1 year high of $25.06.

SPDR SSGA My2026 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were issued a $0.0513 dividend. The ex-dividend date was Thursday, December 18th. This represents a c) annualized dividend and a yield of 2.5%.

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.