F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) Sees Significant Growth in Short Interest

F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,300 shares, a growth of 116.7% from the September 30th total of 600 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 0.1 days.

F/m 10-Year Investment Grade Corporate Bond ETF Stock Performance

Shares of NYSEARCA ZTEN opened at $51.50 on Friday. The firm has a fifty day simple moving average of $51.51 and a two-hundred day simple moving average of $50.53. F/m 10-Year Investment Grade Corporate Bond ETF has a 12 month low of $48.02 and a 12 month high of $52.15.

F/m 10-Year Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Wednesday, October 1st were issued a $0.2097 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.9%.

F/m 10-Year Investment Grade Corporate Bond ETF Company Profile

The F/M 10-Year Investment Grade Corporate Bond Etf (ZTEN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of equally weighted US investment grade corporate bonds with remaining term maturities of approximately ten years. ZTEN was launched on Jan 10, 2024 and is issued by F/m Investments.