SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) Short Interest Update

SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 14,614 shares, an increase of 108.0% from the May 31st total of 7,027 shares. Approximately 2.7% of the company’s shares are sold short. Based on an average daily trading volume, of 931 shares, the short-interest ratio is presently 15.7 days.

Hedge Funds Weigh In On SPDR SSGA My2029 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2029 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC boosted its holdings in shares of SPDR SSGA My2029 Municipal Bond ETF (NASDAQ:MYMI) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 237,069 shares of the company’s stock after acquiring an additional 2,477 shares during the quarter. Heartwood Wealth Advisors LLC owned approximately 47.41% of SPDR SSGA My2029 Municipal Bond ETF worth $5,837,000 at the end of the most recent reporting period.

SPDR SSGA My2029 Municipal Bond ETF Stock Performance

Shares of NASDAQ:MYMI opened at $24.67 on Thursday. The firm has a 50 day simple moving average of $24.66 and a 200 day simple moving average of $24.71. SPDR SSGA My2029 Municipal Bond ETF has a 52 week low of $24.25 and a 52 week high of $24.98.

SPDR SSGA My2029 Municipal Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be given a dividend of $0.0593 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change from SPDR SSGA My2029 Municipal Bond ETF’s previous dividend of $0.06.

About SPDR SSGA My2029 Municipal Bond ETF

The SPDR SSgA My2029 Municipal Bond ETF (MYMI) 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 2029. Bonds are USD-denominated. MYMI was launched on Sep 23, 2024 and is issued by State Street.