F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) Sees Large Decline in Short Interest

F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 1,384 shares, a drop of 51.0% from the September 15th total of 2,827 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 3,281 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On F/m 10-Year Investment Grade Corporate Bond ETF

A hedge fund recently bought a new position in F/m 10-Year Investment Grade Corporate Bond ETF stock. Compass Financial Management LLC purchased a new position in F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 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 as of its most recent SEC filing.

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

Shares of ZTEN opened at $47.64 on Wednesday. F/m 10-Year Investment Grade Corporate Bond ETF has a 52 week low of $47.15 and a 52 week high of $52.15. The business has a 50-day simple moving average of $48.74 and a two-hundred day simple moving average of $49.80.

About F/m 10-Year Investment Grade Corporate Bond ETF

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.