SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Short Interest Up 19.5% in December

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMHGet Free Report) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,894 shares, an increase of 19.5% from the December 15th total of 4,095 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily volume of 2,722 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 2,722 shares, the short-interest ratio is currently 1.8 days. Approximately 2.0% of the company’s stock are sold short.

SPDR SSGA My2028 Municipal Bond ETF Price Performance

MYMH traded down $0.01 during trading on Monday, reaching $24.75. The stock had a trading volume of 326 shares, compared to its average volume of 1,273. The stock’s 50 day moving average is $24.66 and its two-hundred day moving average is $24.59. SPDR SSGA My2028 Municipal Bond ETF has a one year low of $24.00 and a one year high of $24.83.

SPDR SSGA My2028 Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) annualized dividend and a yield of 2.9%.

Hedge Funds Weigh In On SPDR SSGA My2028 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2028 Municipal Bond ETF stock. Exchange Capital Management Inc. grew its holdings in shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMHFree Report) by 59.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 28,138 shares of the company’s stock after purchasing an additional 10,489 shares during the period. Exchange Capital Management Inc. owned approximately 14.07% of SPDR SSGA My2028 Municipal Bond ETF worth $688,000 as of its most recent SEC filing.

About SPDR SSGA My2028 Municipal Bond ETF

(Get Free Report)

The SPDR SSgA My2028 Municipal Bond ETF (MYMH) 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 2028. Bonds are USD-denominated. MYMH was launched on Sep 23, 2024 and is issued by State Street.

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