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

F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) was the target of 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. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,193 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of 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 shares of 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 institutional investor purchased 1,360 shares of the company’s stock, valued at approximately $69,000. Compass Financial Management LLC owned 0.23% of F/m 10-Year Investment Grade Corporate Bond ETF as of its most recent filing with the SEC.

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

ZTEN opened at $48.52 on Wednesday. The company has a fifty day moving average price of $49.51 and a two-hundred day moving average price of $50.23. F/m 10-Year Investment Grade Corporate Bond ETF has a 1-year low of $48.47 and a 1-year high of $52.15.

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.