Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Short Interest Update

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 44,469 shares, a growth of 250.3% from the August 31st total of 12,695 shares. Based on an average daily trading volume, of 53,353 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.9% of the shares of the stock are short sold.

Thrivent Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:TUSB traded up $0.02 during midday trading on Friday, hitting $50.54. The company’s stock had a trading volume of 44,912 shares, compared to its average volume of 21,086. The business’s 50 day simple moving average is $50.48 and its 200 day simple moving average is $50.44. Thrivent Ultra Short Bond ETF has a 12-month low of $50.05 and a 12-month high of $55.23.

Thrivent Ultra Short Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were issued a dividend of $0.1826 per share. The ex-dividend date was Thursday, July 30th. This represents a $2.19 annualized dividend and a dividend yield of 4.3%. This is a decrease from Thrivent Ultra Short Bond ETF’s previous monthly dividend of $0.1865.

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.