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

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,084 shares, a decrease of 87.2% from the May 31st total of 24,126 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 28,260 shares, the days-to-cover ratio is currently 0.1 days.

Thrivent Ultra Short Bond ETF Price Performance

Shares of TUSB stock traded up $0.05 during trading hours on Friday, reaching $50.52. 11,464 shares of the company were exchanged, compared to its average volume of 17,798. Thrivent Ultra Short Bond ETF has a fifty-two week low of $50.05 and a fifty-two week high of $51.17. The stock’s fifty day moving average is $50.46 and its two-hundred day moving average is $50.45.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TUSB. Thrivent Financial for Lutherans boosted its position in Thrivent Ultra Short Bond ETF by 7,975.2% in 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. Jane Street Group LLC acquired a new stake in shares of Thrivent Ultra Short Bond ETF during the 2nd quarter worth approximately $2,510,000. 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 worth $1,546,000 after buying an additional 22,481 shares during the last quarter. Modern Wealth Management LLC acquired a new position in Thrivent Ultra Short Bond ETF in the second quarter valued at approximately $501,000. Finally, LPL Financial LLC boosted its stake in Thrivent Ultra Short Bond ETF by 131.8% in 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.

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.