PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Stock Short Interest Falls 75.7%

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 14,176 shares, a decrease of 75.7% from the August 31st total of 58,224 shares. Based on an average daily trading volume, of 44,957 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the company’s shares are short sold.

Institutional Trading of PGIM Ultra Short Municipal Bond ETF

An institutional investor recently bought a new position in PGIM Ultra Short Municipal Bond ETF stock. EverSource Wealth Advisors LLC acquired a new stake in shares of PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 26,259 shares of the company’s stock, valued at approximately $1,322,000. EverSource Wealth Advisors LLC owned 1.52% of PGIM Ultra Short Municipal Bond ETF as of its most recent filing with the Securities & Exchange Commission.

PGIM Ultra Short Municipal Bond ETF Price Performance

PUSH traded down $0.09 during midday trading on Friday, reaching $49.84. 57,136 shares of the company were exchanged, compared to its average volume of 22,774. PGIM Ultra Short Municipal Bond ETF has a one year low of $49.82 and a one year high of $51.46. The stock’s 50-day simple moving average is $50.30 and its 200 day simple moving average is $50.39.

PGIM Ultra Short Municipal Bond ETF Company Profile

(Get Free Report)

The PGIM Ultra Short Municipal Bond ETF (PUSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund combines a top-down and bottom-up proprietary research to create a portfolio of investment grade, tax-exempt US municipal bonds. The fund aims to maintain a weighted average portfolio duration of two years or less. PUSH was launched on Jun 24, 2024 and is issued by PGIM.

See Also

Receive News & Ratings for PGIM Ultra Short Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Ultra Short Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.