PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Shares Shorted: Short Interest Up 131.7% in September

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 32,842 shares, a growth of 131.7% from the September 15th total of 14,176 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 59,307 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On PGIM Ultra Short Municipal Bond ETF

An institutional investor recently bought a new position in PGIM Ultra Short Municipal Bond ETF stock. Farther Finance Advisors LLC bought a new stake in PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,073 shares of the company’s stock, valued at approximately $53,000.

PGIM Ultra Short Municipal Bond ETF Stock Up 0.1%

PUSH stock traded up $0.04 during midday trading on Wednesday, reaching $49.99. The company had a trading volume of 111,112 shares, compared to its average volume of 26,203. The company has a 50 day moving average of $50.18 and a two-hundred day moving average of $50.33. PGIM Ultra Short Municipal Bond ETF has a 1 year low of $48.71 and a 1 year high of $51.46.

PGIM Ultra Short Municipal Bond ETF Company Profile

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.