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

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 200 shares, an increase of 63.9% from the August 31st total of 122 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,738 shares, the short-interest ratio is currently 0.1 days.

SPDR SSGA My2027 Municipal Bond ETF Price Performance

MYMG stock remained flat at $24.52 during trading on Wednesday. 6 shares of the company traded hands, compared to its average volume of 1,422. SPDR SSGA My2027 Municipal Bond ETF has a 52 week low of $24.52 and a 52 week high of $24.85. The firm has a 50-day moving average of $24.65 and a 200 day moving average of $24.68.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.0472 per share. This is a drop from SPDR SSGA My2027 Municipal Bond ETF’s previous monthly dividend of $0.0566. This represents a $0.57 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 1st.

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.