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 decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,162 shares, a decline of 76.3% from the December 31st total of 4,894 shares. Based on an average trading volume of 1,389 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 1,389 shares, the short-interest ratio is currently 0.8 days.

SPDR SSGA My2028 Municipal Bond ETF Price Performance

NASDAQ:MYMH traded up $0.02 on Friday, hitting $24.77. The company had a trading volume of 2,000 shares, compared to its average volume of 1,820. SPDR SSGA My2028 Municipal Bond ETF has a 52 week low of $24.00 and a 52 week high of $24.90. The firm has a 50 day moving average of $24.68 and a two-hundred day moving average of $24.61.

SPDR SSGA My2028 Municipal Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

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

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.