Short Interest in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Increases By ∞

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

SPDR SSGA My2027 Municipal Bond ETF Price Performance

Shares of NASDAQ MYMG opened at $24.69 on Thursday. SPDR SSGA My2027 Municipal Bond ETF has a 1 year low of $24.51 and a 1 year high of $24.85. The firm has a 50-day moving average of $24.70 and a 200 day moving average of $24.73.

SPDR SSGA My2027 Municipal Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders 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) annualized dividend and a dividend 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.