Short Interest in PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Declines By 31.4%

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 17,293 shares, a decline of 31.4% from the February 12th total of 25,200 shares. Based on an average daily volume of 10,555 shares, the short-interest ratio is presently 1.6 days. Approximately 1.6% of the shares of the stock are sold short. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 10,555 shares, the short-interest ratio is presently 1.6 days.

PGIM Ultra Short Municipal Bond ETF Price Performance

PUSH stock traded up $0.01 on Friday, reaching $50.54. The company had a trading volume of 4,514 shares, compared to its average volume of 15,286. The company’s fifty day moving average is $50.60 and its 200 day moving average is $50.51. PGIM Ultra Short Municipal Bond ETF has a 1 year low of $49.87 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.