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

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 24,126 shares, a growth of 235.0% from the May 14th total of 7,202 shares. Based on an average trading volume of 14,123 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the company’s stock are sold short.

Hedge Funds Weigh In On Thrivent Ultra Short Bond ETF

Several hedge funds have recently bought and sold shares of TUSB. Jane Street Group LLC bought a new stake in shares of Thrivent Ultra Short Bond ETF during the 4th quarter valued at approximately $1,247,000. LPL Financial LLC raised its holdings in Thrivent Ultra Short Bond ETF by 131.8% during the fourth quarter. LPL Financial LLC now owns 15,907 shares of the company’s stock worth $801,000 after buying an additional 9,046 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in Thrivent Ultra Short Bond ETF by 7,975.2% during the fourth quarter. Thrivent Financial for Lutherans now owns 878,342 shares of the company’s stock worth $44,224,000 after buying an additional 867,465 shares during the last quarter. CWM LLC acquired a new position in Thrivent Ultra Short Bond ETF during the fourth quarter worth $122,000. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Thrivent Ultra Short Bond ETF in the third quarter valued at about $107,000.

Thrivent Ultra Short Bond ETF Stock Down 0.0%

Shares of TUSB stock traded down $0.02 during trading hours on Friday, hitting $50.48. 9,032 shares of the company were exchanged, compared to its average volume of 17,502. Thrivent Ultra Short Bond ETF has a 52 week low of $50.05 and a 52 week high of $51.17. The business has a 50 day moving average of $50.44 and a two-hundred day moving average of $50.44.

Thrivent Ultra Short Bond ETF Company Profile

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.