PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH) Shares Shorted: Short Interest Down 75.7% in September

by · The Markets Daily

PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 14,176 shares, a decrease of 75.7% from the August 31st total of 58,224 shares. Based on an average daily volume of 44,957 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.5% of the shares of the stock are short sold.

PGIM Ultra Short Municipal Bond ETF Trading Down 0.2%

PUSH traded down $0.09 on Friday, hitting $49.84. 57,136 shares of the company’s stock were exchanged, compared to its average volume of 22,774. PGIM Ultra Short Municipal Bond ETF has a fifty-two week low of $49.82 and a fifty-two week high of $51.46. The firm has a 50-day moving average price of $50.30 and a 200-day moving average price of $50.39.

Institutional Trading of PGIM Ultra Short Municipal Bond ETF

An institutional investor recently bought a new position in PGIM Ultra Short Municipal Bond ETF stock. EverSource Wealth Advisors LLC bought a new position in PGIM Ultra Short Municipal Bond ETF (NYSEARCA:PUSH – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm bought 26,259 shares of the company’s stock, valued at approximately $1,322,000. EverSource Wealth Advisors LLC owned approximately 1.52% of PGIM Ultra Short Municipal Bond ETF at the end of the most recent reporting period.

PGIM Ultra Short Municipal Bond ETF Company Profile

(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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