Short Interest in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Declines By 48.2%

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 118 shares, a decrease of 48.2% from the May 14th total of 228 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 762 shares, the days-to-cover ratio is presently 0.2 days.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

MYMG stock traded down $0.03 during trading on Friday, hitting $24.70. The company had a trading volume of 2,692 shares, compared to its average volume of 1,895. The business has a 50 day moving average of $24.70 and a 200 day moving average of $24.73. SPDR SSGA My2027 Municipal Bond ETF has a fifty-two week low of $24.51 and a fifty-two week high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.0551 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 2.7%.

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.