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

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

Institutional Trading of SPDR SSGA My2027 Municipal Bond ETF

An institutional investor recently raised its position in SPDR SSGA My2027 Municipal Bond ETF stock. Exchange Capital Management Inc. lifted its position in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) by 16.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 34,988 shares of the company’s stock after purchasing an additional 5,038 shares during the quarter. Exchange Capital Management Inc. owned 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 Trading Up 0.0%

MYMG traded up $0.01 on Monday, hitting $24.75. 225 shares of the stock traded hands, compared to its average volume of 1,204. SPDR SSGA My2027 Municipal Bond ETF has a 52 week low of $24.26 and a 52 week high of $24.97. The business has a fifty day moving average price of $24.69 and a two-hundred day moving average price of $24.68.

SPDR SSGA My2027 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 $0.0597 dividend. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Thursday, December 18th.

About SPDR SSGA My2027 Municipal Bond ETF

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.