F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) Stock Short Interest Rises 57.8%

F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 2,827 shares, an increase of 57.8% from the August 31st total of 1,791 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 4,648 shares, the days-to-cover ratio is currently 0.6 days.

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

Shares of NASDAQ:ZTEN traded down $0.07 on Wednesday, reaching $47.34. The company’s stock had a trading volume of 841 shares, compared to its average volume of 2,762. The company has a 50-day simple moving average of $49.17 and a 200 day simple moving average of $50.01. F/m 10-Year Investment Grade Corporate Bond ETF has a 52-week low of $47.29 and a 52-week high of $52.15.

Institutional Trading of F/m 10-Year Investment Grade Corporate Bond ETF

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 stake in F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,360 shares of the company’s stock, valued at approximately $69,000. Compass Financial Management LLC owned about 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.