Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Short Interest Up 242.0% in July

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,855 shares, a growth of 242.0% from the June 30th total of 2,882 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 20,755 shares, the days-to-cover ratio is presently 0.5 days.

Thrivent Ultra Short Bond ETF Price Performance

TUSB traded up $0.01 on Friday, hitting $50.51. 11,201 shares of the company were exchanged, compared to its average volume of 17,963. The firm has a fifty day simple moving average of $50.45 and a two-hundred day simple moving average of $50.44. Thrivent Ultra Short Bond ETF has a 12 month low of $50.05 and a 12 month high of $55.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TUSB. Thrivent Financial for Lutherans raised its holdings in Thrivent Ultra Short Bond ETF by 7,975.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 878,342 shares of the company’s stock valued at $44,224,000 after buying an additional 867,465 shares during the last quarter. CWM LLC purchased a new position in shares of Thrivent Ultra Short Bond ETF in the fourth quarter valued at about $122,000. Jane Street Group LLC purchased a new position in shares of Thrivent Ultra Short Bond ETF in the fourth quarter valued at about $1,247,000. LPL Financial LLC raised its stake in shares of 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 valued at $801,000 after acquiring an additional 9,046 shares during the last quarter. Finally, Citadel Advisors LLC raised its stake in shares of Thrivent Ultra Short Bond ETF by 274.3% during the third quarter. Citadel Advisors LLC now owns 30,676 shares of the company’s stock valued at $1,546,000 after acquiring an additional 22,481 shares during the last quarter.

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.