F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) Short Interest Update

F/m 10-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTEN) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 1,300 shares, an increase of 116.7% from the May 15th total of 600 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.2 days.

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

ZTEN opened at $49.84 on Friday. The stock’s 50 day simple moving average is $49.46 and its 200 day simple moving average is $49.78. F/m 10-Year Investment Grade Corporate Bond ETF has a 1-year low of $48.02 and a 1-year high of $52.33.

F/m 10-Year Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, June 2nd were issued a $0.2286 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from F/m 10-Year Investment Grade Corporate Bond ETF’s previous dividend of $0.22.

F/m 10-Year Investment Grade Corporate Bond ETF Company Profile

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.