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X-Square Municipal Income Tax Free ETF (ZTAX) Short Interest Ratio & Short Volume

$24.95 +0.25 (+1.01%)
As of 04:10 PM Eastern

X-Square Municipal Income Tax Free ETF Short Interest Data

X-Square Municipal Income Tax Free ETF (ZTAX) has a short interest of 3,200 shares. This marks a -20.00% decrease in short interest from the previous month. The short interest ratio (days to cover) is 1.0, indicating that it would take 1.0 days of the average trading volume of 2,237 shares to cover all short positions.

Current Short Interest
3,200 shares
Previous Short Interest
4,000 shares
Change Vs. Previous Month
-20.00%
Dollar Volume Sold Short
$80 thousand
Short Interest Ratio
1.0 Days to Cover
Last Record Date
May 15, 2025
Outstanding Shares
179,000 shares
Percentage of Shares Shorted
1.79%
Today's Trading Volume
286 shares
Average Trading Volume
2,237 shares
Today's Volume Vs. Average
13%
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ZTAX Short Interest Over Time

ZTAX Days to Cover Over Time

ZTAX Percentage of Float Shorted Over Time

X-Square Municipal Income Tax Free ETF Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
5/15/20253,200 shares $80 thousand -20.0%N/A1 $25.00
4/30/20254,000 shares $96.68 thousand +14.3%N/A1.1 $24.17
4/15/20253,500 shares $84 thousand +45.8%N/A0.9 $24.00
3/14/20252,300 shares $58.42 thousand -8.0%N/A0.8 $25.40
2/14/20255,000 shares $132.55 thousand -15.3%N/A3.6 $26.51
1/31/20255,900 shares $156.23 thousand -4.8%N/A5.9 $26.48

ZTAX Short Interest - Frequently Asked Questions

What is X-Square Municipal Income Tax Free ETF's current short interest?

Short interest is the volume of X-Square Municipal Income Tax Free ETF shares that have been sold short but have not yet been closed out or covered. As of May 15th, traders have sold 3,200 shares of ZTAX short. Learn More on X-Square Municipal Income Tax Free ETF's current short interest.

What is a good short interest ratio for X-Square Municipal Income Tax Free ETF?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ZTAX shares currently have a short interest ratio of 1.0. Learn More on X-Square Municipal Income Tax Free ETF's short interest ratio.

Is X-Square Municipal Income Tax Free ETF's short interest increasing or decreasing?

X-Square Municipal Income Tax Free ETF saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 3,200 shares, a decline of 20.0% from the previous total of 4,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($29.20 billion), Strategy Incorporated ($10.88 billion), iShares 20+ Year Treasury Bond ETF ($10.04 billion), Capital One Financial Co. ($5.51 billion), Charter Communications, Inc. ($5.00 billion), Super Micro Computer, Inc. ($4.43 billion), Apollo Global Management, Inc. ($4.02 billion), Hims & Hers Health, Inc. ($3.65 billion), VanEck Semiconductor ETF ($3.27 billion), and Coinbase Global, Inc. ($3.10 billion). View all of the most shorted stocks.

What does it mean to sell short X-Square Municipal Income Tax Free ETF stock?

Short selling ZTAX is an investing strategy that aims to generate trading profit from X-Square Municipal Income Tax Free ETF as its price is falling. ZTAX shares are trading down $0.30 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against X-Square Municipal Income Tax Free ETF?

A short squeeze for X-Square Municipal Income Tax Free ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ZTAX, which in turn drives the price of the stock up even further.

How often is X-Square Municipal Income Tax Free ETF's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ZTAX, twice per month. The most recent reporting period available is May, 15 2025.




This page (NYSEARCA:ZTAX) was last updated on 6/6/2025 by MarketBeat.com Staff
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