Short Interest in SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) Increases By 6,025.0%

SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 245 shares, an increase of 6,025.0% from the November 30th total of 4 shares. Based on an average daily volume of 164 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 164 shares, the days-to-cover ratio is presently 1.5 days.

Hedge Funds Weigh In On SPDR SSGA My2026 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2026 Municipal Bond ETF stock. Exchange Capital Management Inc. lifted its position in SPDR SSGA My2026 Municipal Bond ETF (NASDAQ:MYMF) by 18.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,678 shares of the company’s stock after acquiring an additional 5,928 shares during the quarter. Exchange Capital Management Inc. owned approximately 18.84% of SPDR SSGA My2026 Municipal Bond ETF worth $937,000 as of its most recent filing with the SEC.

SPDR SSGA My2026 Municipal Bond ETF Stock Up 0.0%

Shares of MYMF stock traded up $0.00 during midday trading on Wednesday, reaching $24.92. 7,621 shares of the company were exchanged, compared to its average volume of 1,292. The company’s 50 day moving average price is $24.94 and its two-hundred day moving average price is $24.90. SPDR SSGA My2026 Municipal Bond ETF has a 12 month low of $24.44 and a 12 month high of $25.06.

SPDR SSGA My2026 Municipal Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were paid a dividend of $0.0513 per share. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) annualized dividend and a yield of 2.5%.

About SPDR SSGA My2026 Municipal Bond ETF

The SPDR SSgA My2026 Municipal Bond ETF (MYMF) 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 2026. Bonds are USD-denominated. MYMF was launched on Sep 23, 2024 and is issued by State Street.