SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Sees Large Drop in Short Interest

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 511 shares, a decline of 56.0% from the January 15th total of 1,162 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 2,063 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 2,063 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

SPDR SSGA My2028 Municipal Bond ETF Trading Up 0.0%

MYMH stock traded up $0.01 during mid-day trading on Thursday, hitting $24.78. 10 shares of the company were exchanged, compared to its average volume of 1,773. SPDR SSGA My2028 Municipal Bond ETF has a 1-year low of $24.00 and a 1-year high of $24.90. The business has a 50 day simple moving average of $24.69 and a 200-day simple moving average of $24.63.

SPDR SSGA My2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0582 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 2.8%.

About SPDR SSGA My2028 Municipal Bond ETF

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.