Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Short Interest Update

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 3,084 shares, a drop of 87.2% from the May 31st total of 24,126 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,260 shares, the short-interest ratio is presently 0.1 days.

Thrivent Ultra Short Bond ETF Stock Performance

Thrivent Ultra Short Bond ETF stock traded up $0.05 during mid-day trading on Friday, hitting $50.52. The company’s stock had a trading volume of 7,548 shares, compared to its average volume of 17,761. The business has a 50 day moving average price of $50.46 and a 200-day moving average price of $50.45. Thrivent Ultra Short Bond ETF has a 12 month low of $50.05 and a 12 month high of $51.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TUSB. Raymond James Financial Inc. bought a new position in shares of Thrivent Ultra Short Bond ETF during the second quarter valued at approximately $27,000. LGT Financial Advisors LLC bought a new stake in Thrivent Ultra Short Bond ETF in the third quarter valued at $107,000. CWM LLC purchased a new position in Thrivent Ultra Short Bond ETF during the 4th quarter valued at $122,000. Susquehanna International Group LLP purchased a new position in Thrivent Ultra Short Bond ETF during the 3rd quarter valued at $342,000. Finally, Modern Wealth Management LLC bought a new position in Thrivent Ultra Short Bond ETF in the 2nd quarter worth $501,000.

Thrivent Ultra Short Bond ETF Company Profile

The Thrivent Ultra Short Bond ETF (TUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of debt securities with exposure to the US fixed income market. It holds various investment-grade debt investments while maintaining an average effective maturity of two years or less. TUSB was launched on Feb 19, 2025 and is issued by Thrivent.