Short Interest in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Drops By 28.7%

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 1,125 shares, a decrease of 28.7% from the February 12th total of 1,578 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,520 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily trading volume, of 1,520 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.4% of the shares of the stock are short sold.

SPDR SSGA My2027 Municipal Bond ETF Trading Up 0.1%

Shares of NASDAQ:MYMG traded up $0.02 during midday trading on Friday, reaching $24.76. SPDR SSGA My2027 Municipal Bond ETF has a 1 year low of $24.26 and a 1 year high of $24.85. The firm’s fifty day simple moving average is $24.78 and its 200-day simple moving average is $24.73.

SPDR SSGA My2027 Municipal Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.0614 per share. This is a boost from SPDR SSGA My2027 Municipal Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, March 2nd.

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.