F/m 3-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTRE) Short Interest Down 72.2% in May

F/m 3-Year Investment Grade Corporate Bond ETF (NYSEARCA:ZTRE) was the target of a significant decline in short interest in May. As of May 31st, there was short interest totalling 6,400 shares, a decline of 72.2% from the May 15th total of 23,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 2.6 days.

F/m 3-Year Investment Grade Corporate Bond ETF Stock Performance

Shares of ZTRE stock opened at $50.76 on Friday. F/m 3-Year Investment Grade Corporate Bond ETF has a 52-week low of $49.68 and a 52-week high of $51.36. The stock’s 50-day moving average price is $50.61 and its 200 day moving average price is $50.51.

F/m 3-Year Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, June 2nd were given a $0.1948 dividend. The ex-dividend date of this dividend was Monday, June 2nd.

F/m 3-Year Investment Grade Corporate Bond ETF Company Profile

The F/M 3-Year Investment Grade Corporate Bond Etf (ZTRE) 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 three years. ZTRE was launched on Jan 10, 2024 and is issued by F/m Investments.