Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) Short Interest Up 235.0% in May

Thrivent Ultra Short Bond ETF (NYSEARCA:TUSB) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 24,126 shares, a growth of 235.0% from the May 14th total of 7,202 shares. Based on an average trading volume of 14,123 shares, the short-interest ratio is presently 1.7 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans increased its stake 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 purchasing an additional 867,465 shares in the last quarter. Jane Street Group LLC bought a new stake in Thrivent Ultra Short Bond ETF during the 2nd quarter valued at $2,510,000. Citadel Advisors LLC increased its stake in Thrivent Ultra Short Bond ETF by 274.3% during the 3rd quarter. Citadel Advisors LLC now owns 30,676 shares of the company’s stock valued at $1,546,000 after purchasing an additional 22,481 shares in the last quarter. LPL Financial LLC increased its stake in Thrivent Ultra Short Bond ETF by 131.8% during the 4th quarter. LPL Financial LLC now owns 15,907 shares of the company’s stock valued at $801,000 after purchasing an additional 9,046 shares in the last quarter. Finally, Modern Wealth Management LLC bought a new stake in Thrivent Ultra Short Bond ETF during the 2nd quarter valued at $501,000.

Thrivent Ultra Short Bond ETF Stock Down 0.0%

Shares of Thrivent Ultra Short Bond ETF stock traded down $0.02 during trading on Friday, reaching $50.48. 9,032 shares of the company traded hands, compared to its average volume of 17,502. Thrivent Ultra Short Bond ETF has a 1-year low of $50.05 and a 1-year high of $51.17. The company has a 50 day moving average price of $50.44 and a 200-day moving average price of $50.44.

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.