X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) Short Interest Down 65.4% in August

Posted by Tyrone Williams on Sep 14th, 2026

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 349 shares, a decline of 65.4% from the August 15th total of 1,008 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,267 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of X-Square Municipal Income Tax Free ETF

An institutional investor recently bought a new stake in X-Square Municipal Income Tax Free ETF stock. Jane Street Group LLC acquired a new position in X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 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 SEC filing.

X-Square Municipal Income Tax Free ETF Trading Up 0.7%

ZTAX traded up $0.17 on Monday, hitting $24.63. 12,951 shares of the company were exchanged, compared to its average volume of 2,333. X-Square Municipal Income Tax Free ETF has a fifty-two week low of $23.06 and a fifty-two week high of $28.65. The business’s fifty day moving average is $25.29 and its 200 day moving average is $25.45.

X-Square Municipal Income Tax Free ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Thursday, July 2nd were issued a dividend of $0.5476 per share. This is a boost from X-Square Municipal Income Tax Free ETF’s previous quarterly dividend of $0.06. This represents a $2.19 annualized dividend and a yield of 8.9%. The ex-dividend date of this dividend was Thursday, July 2nd.

X-Square Municipal Income Tax Free ETF Company Profile

(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.