PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Short Interest Update

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 8,961 shares, a decline of 61.3% from the July 15th total of 23,178 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 18,163 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On PGIM Ultra Short Municipal Bond ETF

An institutional investor recently bought a new stake in PGIM Ultra Short Municipal Bond ETF stock. EverSource Wealth Advisors LLC purchased a new position in shares of PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 and Exchange Commission (SEC).

PGIM Ultra Short Municipal Bond ETF Price Performance

NYSEARCA:PUSH traded up $0.06 on Friday, hitting $50.44. The company had a trading volume of 11,573 shares, compared to its average volume of 18,782. The firm has a 50 day moving average of $50.40 and a two-hundred day moving average of $50.47. PGIM Ultra Short Municipal Bond ETF has a 52 week low of $50.25 and a 52 week high of $51.46.

About PGIM Ultra Short Municipal Bond ETF

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.