SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Update
by Teresa Graham · The Cerbat GemSPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG – Get Free Report) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 621 shares, a drop of 44.8% from the March 15th total of 1,126 shares. Based on an average daily trading volume, of 5,160 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.
SPDR SSGA My2027 Municipal Bond ETF Trading Down 0.2%
Shares of NASDAQ:MYMG traded down $0.06 during midday trading on Tuesday, reaching $24.67. 2,736 shares of the company’s stock traded hands, compared to its average volume of 2,672. SPDR SSGA My2027 Municipal Bond ETF has a 1 year low of $24.31 and a 1 year high of $24.85. The company has a fifty day simple moving average of $24.76 and a two-hundred day simple moving average of $24.73.
SPDR SSGA My2027 Municipal Bond ETF Cuts Dividend
The company also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.0556 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 2.7%.
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.