SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Short Interest Up 4,053.7% in August

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 2,243 shares, a growth of 4,053.7% from the July 30th total of 54 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 430 shares, the days-to-cover ratio is currently 5.2 days.

SPDR SSGA My2028 Municipal Bond ETF Stock Performance

NASDAQ MYMH traded down $0.01 during trading hours on Tuesday, reaching $24.46. 7 shares of the company were exchanged, compared to its average volume of 1,627. The business’s 50 day simple moving average is $24.49 and its 200-day simple moving average is $24.59. SPDR SSGA My2028 Municipal Bond ETF has a 1 year low of $24.40 and a 1 year high of $24.90.

SPDR SSGA My2028 Municipal Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.0556 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, August 3rd.

SPDR SSGA My2028 Municipal Bond ETF Company Profile

The SPDR SSgA My2028 Municipal Bond ETF (MYMH) 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 2028. Bonds are USD-denominated. MYMH was launched on Sep 23, 2024 and is issued by State Street.