Texas Capital Government Money Market ETF (NYSE:MMKT – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 617 shares, a growth of 239.0% from the September 30th total of 182 shares. Based on an average daily trading volume, of 6,386 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.
Texas Capital Government Money Market ETF Price Performance
Shares of NYSE MMKT opened at $100.16 on Friday. Texas Capital Government Money Market ETF has a 52 week low of $99.84 and a 52 week high of $100.32. The company’s 50-day moving average price is $100.19 and its 200 day moving average price is $100.22.
Texas Capital Government Money Market ETF Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, November 2nd. Shareholders of record on Friday, October 30th will be given a dividend of $0.0719 per share. The ex-dividend date is Friday, October 30th. This is an increase from Texas Capital Government Money Market ETF’s previous dividend of $0.0712. This represents a yield of 373.0%.
Institutional Trading of Texas Capital Government Money Market ETF
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.
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