Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Shares Shorted: Short Interest Down 42.4% in September

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 25,612 shares, a decline of 42.4% from the September 15th total of 44,469 shares. Based on an average daily volume of 52,042 shares, the short-interest ratio is presently 0.5 days. Currently, 0.5% of the shares of the company are sold short.

Thrivent Ultra Short Bond ETF Stock Performance

Shares of TUSB stock traded up $0.02 during trading on Friday, reaching $50.48. 24,850 shares of the company’s stock traded hands, compared to its average volume of 21,862. The firm’s 50-day moving average is $50.47 and its 200 day moving average is $50.44. Thrivent Ultra Short Bond ETF has a 1 year low of $50.05 and a 1 year high of $55.23.

Thrivent Ultra Short Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were paid a $0.1344 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.61 dividend on an annualized basis and a yield of 3.2%. This is a negative change from Thrivent Ultra Short Bond ETF’s previous monthly dividend of $0.1724.

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.