PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Short Interest Up 55.4% in December

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSHGet Free Report) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 21,754 shares, an increase of 55.4% from the November 30th total of 14,003 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average trading volume of 4,423 shares, the days-to-cover ratio is currently 4.9 days. Based on an average trading volume of 4,423 shares, the days-to-cover ratio is currently 4.9 days. Currently, 2.5% of the company’s stock are sold short.

Hedge Funds Weigh In On PGIM Ultra Short Municipal Bond ETF

A hedge fund recently bought a new stake in PGIM Ultra Short Municipal Bond ETF stock. Commonwealth Retirement Investments LLC purchased a new position in shares of PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSHFree Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 18,940 shares of the company’s stock, valued at approximately $954,000. Commonwealth Retirement Investments LLC owned approximately 3.03% of PGIM Ultra Short Municipal Bond ETF as of its most recent SEC filing.

PGIM Ultra Short Municipal Bond ETF Stock Down 0.3%

Shares of PUSH traded down $0.13 during mid-day trading on Tuesday, hitting $50.34. The company’s stock had a trading volume of 2,415 shares, compared to its average volume of 3,680. PGIM Ultra Short Municipal Bond ETF has a one year low of $49.87 and a one year high of $51.46. The stock’s 50-day moving average is $50.42 and its two-hundred day moving average is $50.42.

About PGIM Ultra Short Municipal Bond ETF

(Get Free Report)

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.

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