T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Significant Growth in Short Interest

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 7,614 shares, an increase of 180.3% from the February 12th total of 2,716 shares. Based on an average daily volume of 4,222 shares, the short-interest ratio is presently 1.8 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,222 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On T. Rowe Price Total Return ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in shares of T. Rowe Price Total Return ETF during the first quarter worth approximately $782,000. Susquehanna International Group LLP purchased a new stake in shares of T. Rowe Price Total Return ETF in the third quarter valued at approximately $1,188,000. Jones Financial Companies Lllp grew its stake in T. Rowe Price Total Return ETF by 233.2% in the third quarter. Jones Financial Companies Lllp now owns 31,895 shares of the company’s stock worth $1,297,000 after purchasing an additional 22,322 shares in the last quarter. Cetera Investment Advisers grew its stake in T. Rowe Price Total Return ETF by 16.8% in the fourth quarter. Cetera Investment Advisers now owns 36,161 shares of the company’s stock worth $1,474,000 after purchasing an additional 5,210 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in T. Rowe Price Total Return ETF by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 45,766 shares of the company’s stock worth $1,858,000 after purchasing an additional 4,065 shares during the period.

T. Rowe Price Total Return ETF Trading Down 0.4%

Shares of TOTR traded down $0.16 during trading hours on Thursday, reaching $40.44. 1,727 shares of the company traded hands, compared to its average volume of 8,307. The stock’s fifty day moving average price is $40.88 and its 200 day moving average price is $40.91. The firm has a market cap of $546.75 million, a price-to-earnings ratio of 1.82 and a beta of 0.29. T. Rowe Price Total Return ETF has a 12-month low of $39.24 and a 12-month high of $41.33.

T. Rowe Price Total Return ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were issued a dividend of $0.1742 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 5.2%.

About T. Rowe Price Total Return ETF

The T. Rowe Price Total Return ETF (TOTR) is an exchange-traded fund. The ETF currently has 25.48m in AUM and 468 holdings. TOTR is an actively managed fund that provides diversified exposure to US fixed income securities. TOTR was launched on Sep 28, 2021 and is managed by T. Rowe Price.