Short Interest in Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Rises By 242.0%

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,855 shares, an increase of 242.0% from the June 30th total of 2,882 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 20,755 shares, the days-to-cover ratio is currently 0.5 days.

Thrivent Ultra Short Bond ETF Price Performance

Shares of NYSEARCA TUSB remained flat at $50.50 during trading on Tuesday. The stock had a trading volume of 6,257 shares, compared to its average volume of 17,798. Thrivent Ultra Short Bond ETF has a 1 year low of $50.05 and a 1 year high of $55.23. The firm has a 50-day moving average of $50.45 and a 200-day moving average of $50.44.

Hedge Funds Weigh In On Thrivent Ultra Short Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of Thrivent Ultra Short Bond ETF in the second quarter valued at approximately $27,000. Jane Street Group LLC bought a new stake in Thrivent Ultra Short Bond ETF during the 2nd quarter valued at $2,510,000. Modern Wealth Management LLC bought a new stake in Thrivent Ultra Short Bond ETF during the 2nd quarter valued at $501,000. Citadel Advisors LLC lifted its position in shares of Thrivent Ultra Short Bond ETF by 274.3% during the third quarter. Citadel Advisors LLC now owns 30,676 shares of the company’s stock worth $1,546,000 after acquiring an additional 22,481 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in shares of Thrivent Ultra Short Bond ETF in the third quarter worth $342,000.

About Thrivent Ultra Short Bond ETF

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.