SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Sees Large Decline in Short Interest

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 172 shares, a decline of 88.4% from the July 30th total of 1,488 shares. Based on an average daily trading volume, of 564 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

Shares of MYMG stock remained flat at $24.62 on Wednesday. 6 shares of the stock were exchanged, compared to its average volume of 1,480. SPDR SSGA My2027 Municipal Bond ETF has a 52-week low of $24.56 and a 52-week high of $24.85. The firm has a 50 day simple moving average of $24.65 and a 200-day simple moving average of $24.70.

SPDR SSGA My2027 Municipal Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.0553 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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.