F/m High Yield 100 ETF (NASDAQ:ZTOP) Sees Significant Drop in Short Interest

F/m High Yield 100 ETF (NASDAQ:ZTOPGet Free Report) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 1,223 shares, a decline of 33.1% from the August 15th total of 1,829 shares. Based on an average trading volume of 519 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.4% of the company’s stock are short sold.

Institutional Investors Weigh In On F/m High Yield 100 ETF

A hedge fund recently bought a new position in F/m High Yield 100 ETF stock. HORAN Wealth LLC acquired a new stake in shares of F/m High Yield 100 ETF (NASDAQ:ZTOPFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,483 shares of the company’s stock, valued at approximately $283,000. HORAN Wealth LLC owned about 1.77% of F/m High Yield 100 ETF at the end of the most recent quarter.

F/m High Yield 100 ETF Price Performance

NASDAQ ZTOP opened at $50.89 on Thursday. The company has a 50 day simple moving average of $51.42 and a 200-day simple moving average of $51.63. F/m High Yield 100 ETF has a 52-week low of $50.78 and a 52-week high of $52.69.

F/m High Yield 100 ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Wednesday, September 16th will be paid a $0.2534 dividend. The ex-dividend date is Wednesday, September 16th. This represents a c) annualized dividend and a yield of 6.0%. This is a boost from F/m High Yield 100 ETF’s previous monthly dividend of $0.25.

F/m High Yield 100 ETF Company Profile

(Get Free Report)

Zi Toprun Acquisition Corp. is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We intend to focus our search for a target business in the transportation industry, including businesses involving (i) battery or charging businesses, technology and software, (ii) auto pilot drive and Advanced Driver Assistance Systems (ADAS) related businesses including both hardware and software, and (iii) general microchip design and production and technology.

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