SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Update

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 1,921 shares, a growth of 1,377.7% from the January 15th total of 130 shares. Based on an average daily trading volume, of 4,070 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s shares are sold short. Currently, 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 4,070 shares, the days-to-cover ratio is presently 0.5 days.

SPDR SSGA My2027 Municipal Bond ETF Price Performance

Shares of MYMG traded up $0.03 during trading on Thursday, reaching $24.81. 1,525 shares of the company traded hands, compared to its average volume of 2,277. The stock has a 50-day simple moving average of $24.73 and a 200-day simple moving average of $24.71. SPDR SSGA My2027 Municipal Bond ETF has a twelve month low of $24.26 and a twelve month high of $24.97.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.0559 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis 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.