Short Interest in SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Declines By 44.8%

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 621 shares, a decline of 44.8% from the March 15th total of 1,126 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 5,160 shares, the short-interest ratio is currently 0.1 days.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

MYMG stock remained flat at $24.73 during mid-day trading on Monday. 2,466 shares of the company’s stock traded hands, compared to its average volume of 2,671. SPDR SSGA My2027 Municipal Bond ETF has a twelve month low of $24.31 and a twelve month high of $24.85. The firm’s 50 day moving average is $24.76 and its two-hundred day moving average is $24.73.

SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a $0.0556 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.