PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Sees Significant Decline in Short Interest

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 9,635 shares, a decrease of 35.7% from the April 15th total of 14,988 shares. Based on an average trading volume of 21,533 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the company’s stock are sold short.

PGIM Ultra Short Municipal Bond ETF Trading Down 0.0%

Shares of PUSH traded down $0.01 during mid-day trading on Monday, reaching $50.33. The company’s stock had a trading volume of 33,588 shares, compared to its average volume of 17,950. PGIM Ultra Short Municipal Bond ETF has a 12-month low of $50.12 and a 12-month high of $51.46. The company’s 50 day moving average is $50.46 and its 200 day moving average is $50.48.

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.