F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) Short Interest Up 79.8% in August

F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,791 shares, a growth of 79.8% from the August 15th total of 996 shares. Based on an average daily volume of 2,193 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s stock are short sold.

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

NASDAQ ZTEN opened at $48.52 on Wednesday. The company has a fifty day simple moving average of $49.51 and a 200 day simple moving average of $50.23. F/m 10-Year Investment Grade Corporate Bond ETF has a 12-month low of $48.47 and a 12-month high of $52.15.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in F/m 10-Year Investment Grade Corporate Bond ETF stock. Compass Financial Management LLC bought a new position in shares of F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,360 shares of the company’s stock, valued at approximately $69,000. Compass Financial Management LLC owned approximately 0.23% of F/m 10-Year Investment Grade Corporate Bond ETF at the end of the most recent reporting period.

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.