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

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) saw a significant 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. Based on an average daily trading volume, of 839 shares, the short-interest ratio is currently 2.1 days. Approximately 0.4% of the company’s shares are sold short.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of MYMG opened at $24.69 on Thursday. The company has a 50-day simple moving average of $24.70 and a two-hundred day simple moving average of $24.73. SPDR SSGA My2027 Municipal Bond ETF has a one year low of $24.51 and a one year 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. Stockholders of record on Wednesday, July 1st were paid a $0.0566 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Wednesday, July 1st. This is a boost from SPDR SSGA My2027 Municipal Bond ETF’s previous monthly dividend of $0.06.

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.