SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Up ∞ in June

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,780 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 839 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.4% of the company’s shares are short sold.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of NASDAQ MYMG opened at $24.64 on Friday. The firm has a 50 day moving average price of $24.69 and a 200 day moving average price of $24.73. SPDR SSGA My2027 Municipal Bond ETF has a 52-week low of $24.51 and a 52-week high of $24.85.

SPDR SSGA My2027 Municipal Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.0566 per share. The ex-dividend date was Wednesday, July 1st. This is a positive change 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 2.8%.

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.