SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Sees Large Increase in Short Interest

SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,627 shares, a growth of 86.9% from the May 31st total of 7,826 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average trading volume of 889 shares, the days-to-cover ratio is currently 16.5 days.

SPDR SSGA My2030 Municipal Bond ETF Stock Up 0.0%

SPDR SSGA My2030 Municipal Bond ETF stock traded up $0.01 on Thursday, reaching $24.82. 1,784 shares of the stock were exchanged, compared to its average volume of 1,988. SPDR SSGA My2030 Municipal Bond ETF has a twelve month low of $24.33 and a twelve month high of $25.17. The firm has a fifty day moving average price of $24.80 and a two-hundred day moving average price of $24.88.

SPDR SSGA My2030 Municipal Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a $0.0596 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SPDR SSGA My2030 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC grew its holdings in SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,525 shares of the company’s stock after acquiring an additional 2,443 shares during the quarter. Heartwood Wealth Advisors LLC owned 59.13% of SPDR SSGA My2030 Municipal Bond ETF worth $5,876,000 as of its most recent filing with the Securities and Exchange Commission.

SPDR SSGA My2030 Municipal Bond ETF Company Profile

The SPDR SSgA My2030 Municipal Bond ETF (MYMJ) 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 2030. Bonds are USD-denominated. MYMJ was launched on Sep 23, 2024 and is issued by State Street.