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

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 118 shares, a drop of 48.2% from the May 14th total of 228 shares. Based on an average daily trading volume, of 762 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of NASDAQ MYMG opened at $24.73 on Tuesday. SPDR SSGA My2027 Municipal Bond ETF has a one year low of $24.51 and a one year high of $24.85. The company’s fifty day moving average is $24.70 and its two-hundred day moving average is $24.73.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.0551 per share. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Monday, June 1st.

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.