Texas Capital Government Money Market ETF (NYSE:MMKT) Shares Shorted: Short Interest Up 97.8% in September

Texas Capital Government Money Market ETF (NYSE:MMKT) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 182 shares, a growth of 97.8% from the September 15th total of 92 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 5,733 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Texas Capital Government Money Market ETF

A hedge fund recently bought a new position in Texas Capital Government Money Market ETF stock. Fig Financial Advisory Services Inc. ADV purchased a new position in shares of Texas Capital Government Money Market ETF (NYSE:MMKT) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,009 shares of the company’s stock, valued at approximately $201,000. Fig Financial Advisory Services Inc. ADV owned approximately 0.30% of Texas Capital Government Money Market ETF as of its most recent filing with the SEC.

Texas Capital Government Money Market ETF Trading Down 0.0%

Shares of Texas Capital Government Money Market ETF stock traded down $0.05 during trading on Friday, hitting $100.16. 11,302 shares of the company’s stock traded hands, compared to its average volume of 9,546. Texas Capital Government Money Market ETF has a 1 year low of $99.84 and a 1 year high of $100.32. The business has a 50-day simple moving average of $100.20 and a 200-day simple moving average of $100.21.

Texas Capital Government Money Market ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, October 19th. Investors of record on Friday, October 16th will be issued a dividend of $0.0710 per share. This represents a yield of 369.0%. This is a boost from Texas Capital Government Money Market ETF’s previous dividend of $0.0701. The ex-dividend date of this dividend is Friday, October 16th.

Texas Capital Government Money Market ETF Company Profile

The Texas Capital Government Money Market ETF (MMKT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US government money market instruments, particularly overnight repurchase agreements with short-term maturities. The fund aims to balance income, liquidity, and capital preservation. MMKT was launched on Sep 24, 2024 and is issued by Texas Capital.