X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) Sees Significant Decrease in Short Interest

Posted by Trevor Kearing on Jan 28th, 2026

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Get Free Report) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 216 shares, a decline of 73.9% from the December 31st total of 827 shares. Based on an average trading volume of 1,225 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,225 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

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

X-Square Municipal Income Tax Free ETF Trading Up 0.2%

Shares of NYSEARCA:ZTAX traded up $0.04 on Wednesday, hitting $25.10. 69 shares of the company’s stock were exchanged, compared to its average volume of 2,398. X-Square Municipal Income Tax Free ETF has a 1-year low of $23.40 and a 1-year high of $28.34. The firm’s 50-day moving average is $25.63 and its 200 day moving average is $25.24.

X-Square Municipal Income Tax Free ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, January 5th. Shareholders of record on Friday, January 2nd were paid a $0.5072 dividend. This is an increase from X-Square Municipal Income Tax Free ETF’s previous quarterly dividend of $0.06. This represents a $2.03 annualized dividend and a yield of 8.1%. The ex-dividend date was Friday, January 2nd.

About X-Square Municipal Income Tax Free ETF

(Get Free Report)

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.