F/m 2-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTWO) Sees Large Growth in Short Interest

F/m 2-Year Investment Grade Corporate Bond ETF (NASDAQ:ZTWOGet Free Report) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 13,933 shares, an increase of 33,073.8% from the April 15th total of 42 shares. Approximately 3.9% of the shares of the company are short sold. Based on an average daily trading volume, of 1,802 shares, the days-to-cover ratio is currently 7.7 days.

F/m 2-Year Investment Grade Corporate Bond ETF Stock Performance

Shares of ZTWO stock traded down $0.04 on Monday, hitting $50.47. The company had a trading volume of 747 shares, compared to its average volume of 1,752. The company has a 50-day moving average price of $50.58 and a 200-day moving average price of $50.77. F/m 2-Year Investment Grade Corporate Bond ETF has a twelve month low of $50.34 and a twelve month high of $51.05.

F/m 2-Year Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 29th. Stockholders of record on Tuesday, April 28th were issued a $0.1785 dividend. This is a boost from F/m 2-Year Investment Grade Corporate Bond ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, April 28th.

About F/m 2-Year Investment Grade Corporate Bond ETF

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The F/M 2-Year Investment Grade Corporate Bond Etf (ZTWO) 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 two years. ZTWO was launched on Jan 10, 2024 and is issued by F/m Investments.

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