SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) Short Interest Down 88.4% in August

SPDR SSGA My2027 Municipal Bond ETF (NASDAQ:MYMG) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 172 shares, a decline of 88.4% from the July 30th total of 1,488 shares. Based on an average daily trading volume, of 564 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

SPDR SSGA My2027 Municipal Bond ETF Stock Performance

NASDAQ:MYMG traded down $0.01 during midday trading on Friday, reaching $24.62. The stock had a trading volume of 2,223 shares, compared to its average volume of 1,470. SPDR SSGA My2027 Municipal Bond ETF has a 1-year low of $24.56 and a 1-year high of $24.85. The firm’s fifty day simple moving average is $24.64 and its 200-day simple moving average is $24.70.

SPDR SSGA My2027 Municipal Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.0553 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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.