X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) Short Interest Update

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 892 shares, a decline of 18.9% from the November 30th total of 1,100 shares. Based on an average trading volume of 269 shares, the short-interest ratio is presently 3.3 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 269 shares, the short-interest ratio is presently 3.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in X-Square Municipal Income Tax Free ETF stock. Jane Street Group LLC bought a new stake in shares of X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,620 shares of the company’s stock, valued at approximately $318,000. Jane Street Group LLC owned approximately 7.05% of X-Square Municipal Income Tax Free ETF as of its most recent filing with the Securities and Exchange Commission.

X-Square Municipal Income Tax Free ETF Trading Down 0.8%

Shares of X-Square Municipal Income Tax Free ETF stock traded down $0.21 during trading hours on Wednesday, reaching $25.79. 420 shares of the stock traded hands, compared to its average volume of 1,603. X-Square Municipal Income Tax Free ETF has a one year low of $23.40 and a one year high of $29.23. The company has a 50 day moving average price of $25.73 and a 200 day moving average price of $25.14.

X-Square Municipal Income Tax Free ETF Company Profile

The X-Square Municipal Income Tax Free ETF (ZTAX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated municipal securities that are exempt from US federal, state, and local taxes. Securities could be of any maturity or credit quality issued by Puerto Rico, Guam and the US Virgin Islands. ZTAX was launched on May 19, 2023 and is managed by X-Square Capital.