F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) Sees Large Increase in Short Interest

F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,791 shares, an increase of 79.8% from the August 15th total of 996 shares. Based on an average daily trading volume, of 2,193 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On F/m 10-Year Investment Grade Corporate Bond ETF

An institutional investor recently bought a new position in F/m 10-Year Investment Grade Corporate Bond ETF stock. Compass Financial Management LLC bought a new stake in F/m 10-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTEN) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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 SEC filing.

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

Shares of NASDAQ:ZTEN opened at $48.56 on Thursday. 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. The business’s 50 day moving average is $49.48 and its 200-day moving average is $50.21.

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.