SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) Short Interest Update

SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 4,894 shares, a growth of 19.5% from the December 15th total of 4,095 shares. Based on an average daily trading volume, of 2,722 shares, the short-interest ratio is presently 1.8 days. Approximately 2.0% of the shares of the company are short sold. Approximately 2.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,722 shares, the short-interest ratio is presently 1.8 days.

SPDR SSGA My2028 Municipal Bond ETF Trading Down 0.2%

Shares of MYMH stock traded down $0.04 during mid-day trading on Tuesday, reaching $24.71. The company’s stock had a trading volume of 1,700 shares, compared to its average volume of 1,308. The firm’s 50-day moving average is $24.66 and its two-hundred day moving average is $24.59. SPDR SSGA My2028 Municipal Bond ETF has a 1-year low of $24.00 and a 1-year high of $24.83.

SPDR SSGA My2028 Municipal Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Thursday, December 18th were paid a $0.06 dividend. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, December 18th.

Institutional Trading of SPDR SSGA My2028 Municipal Bond ETF

A hedge fund recently raised its stake in SPDR SSGA My2028 Municipal Bond ETF stock. Exchange Capital Management Inc. boosted its stake in shares of SPDR SSGA My2028 Municipal Bond ETF (NASDAQ:MYMH) by 59.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,138 shares of the company’s stock after acquiring an additional 10,489 shares during the quarter. Exchange Capital Management Inc. owned 14.07% of SPDR SSGA My2028 Municipal Bond ETF worth $688,000 as of its most recent SEC filing.

About SPDR SSGA My2028 Municipal Bond ETF

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.