SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) Short Interest Up 86.9% in June

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

Institutional Investors Weigh In On SPDR SSGA My2030 Municipal Bond ETF

A hedge fund recently raised its position in SPDR SSGA My2030 Municipal Bond ETF stock. Heartwood Wealth Advisors LLC increased its position in shares of SPDR SSGA My2030 Municipal Bond ETF (NASDAQ:MYMJ) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 236,525 shares of the company’s stock after buying an additional 2,443 shares during the period. 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 SEC.

SPDR SSGA My2030 Municipal Bond ETF Stock Down 0.3%

Shares of NASDAQ:MYMJ traded down $0.07 during midday trading on Wednesday, reaching $24.81. The company’s stock had a trading volume of 1,243 shares, compared to its average volume of 1,990. SPDR SSGA My2030 Municipal Bond ETF has a twelve month low of $24.33 and a twelve month high of $25.17. The stock has a fifty day moving average of $24.80 and a 200 day moving average of $24.88.

SPDR SSGA My2030 Municipal Bond ETF Dividend Announcement

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

About SPDR SSGA My2030 Municipal Bond ETF

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.