X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX) Sees Significant Growth in Short Interest

Posted by Paula Ricardo on Mar 10th, 2026

X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 498 shares, an increase of 643.3% from the February 12th total of 67 shares. Based on an average daily volume of 479 shares, the short-interest ratio is presently 1.0 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 479 shares, the short-interest ratio is presently 1.0 days.

X-Square Municipal Income Tax Free ETF Stock Performance

Shares of X-Square Municipal Income Tax Free ETF stock traded down $0.72 on Tuesday, hitting $25.20. 71 shares of the company traded hands, compared to its average volume of 1,336. The firm’s 50-day simple moving average is $25.49 and its 200 day simple moving average is $25.40. X-Square Municipal Income Tax Free ETF has a 12-month low of $23.40 and a 12-month high of $28.34.

X-Square Municipal Income Tax Free ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 5th. Investors of record on Friday, January 2nd were issued a $0.5072 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date was Friday, January 2nd. This is an increase from X-Square Municipal Income Tax Free ETF’s previous quarterly dividend of $0.06.

Institutional Investors Weigh In On X-Square Municipal Income Tax Free ETF

A hedge fund recently bought a new stake in X-Square Municipal Income Tax Free ETF stock. Jane Street Group LLC acquired a new position in shares of X-Square Municipal Income Tax Free ETF (NYSEARCA:ZTAX – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,620 shares of the company’s stock, valued at approximately $318,000. Jane Street Group LLC owned about 7.05% of X-Square Municipal Income Tax Free ETF at the end of the most recent reporting period.

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.