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

Posted by Trevor Kearing on Mar 26th, 2026

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Get Free Report) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 233 shares, a decline of 53.2% from the February 26th total of 498 shares. Based on an average daily trading volume, of 359 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

X-Square Municipal Income Tax Free ETF Price Performance

Shares of ZTAX remained flat at $25.37 during midday trading on Thursday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 1,204. The firm has a fifty day moving average of $25.55 and a 200 day moving average of $25.47. X-Square Municipal Income Tax Free ETF has a 1 year low of $23.40 and a 1 year high of $28.34.

X-Square Municipal Income Tax Free ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Stockholders of record on Friday, January 2nd were issued a $0.5072 dividend. This represents a $2.03 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend was Friday, January 2nd. This is a boost from X-Square Municipal Income Tax Free ETF’s previous quarterly dividend of $0.06.

Institutional Trading of X-Square Municipal Income Tax Free ETF

An institutional investor recently raised its position in X-Square Municipal Income Tax Free ETF stock. X Square Capital LLC lifted its stake in X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Free Report) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 80,766 shares of the company’s stock after buying an additional 595 shares during the period. X Square Capital LLC owned approximately 44.87% of X-Square Municipal Income Tax Free ETF worth $2,000,000 as of its most recent filing with the Securities and Exchange Commission.

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.