Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Sees Significant Decline in Short Interest

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 3,084 shares, a decrease of 87.2% from the May 31st total of 24,126 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 28,260 shares, the days-to-cover ratio is currently 0.1 days.

Thrivent Ultra Short Bond ETF Trading Up 0.1%

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

Institutional Trading of Thrivent Ultra Short Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Thrivent Financial for Lutherans boosted its position in shares of Thrivent Ultra Short Bond ETF by 7,975.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 878,342 shares of the company’s stock valued at $44,224,000 after acquiring an additional 867,465 shares during the last quarter. Jane Street Group LLC purchased a new stake in Thrivent Ultra Short Bond ETF in the second quarter valued at approximately $2,510,000. Citadel Advisors LLC lifted its position in 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 valued at $1,546,000 after purchasing an additional 22,481 shares during the last quarter. Modern Wealth Management LLC bought a new stake in Thrivent Ultra Short Bond ETF during the second quarter valued at approximately $501,000. Finally, LPL Financial LLC grew its stake in Thrivent Ultra Short Bond ETF by 131.8% in the 4th quarter. LPL Financial LLC now owns 15,907 shares of the company’s stock worth $801,000 after buying an additional 9,046 shares in the last quarter.

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.