T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Update

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 3,561 shares, a decline of 22.2% from the December 31st total of 4,575 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,469 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 7,469 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On T. Rowe Price U.S. High Yield ETF

A number of institutional investors and hedge funds have recently modified their holdings of THYF. Geneos Wealth Management Inc. acquired a new position in T. Rowe Price U.S. High Yield ETF during the first quarter valued at approximately $28,000. Jones Financial Companies Lllp lifted its position in shares of T. Rowe Price U.S. High Yield ETF by 532.7% in the third quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock valued at $261,000 after buying an additional 4,192 shares during the last quarter. Tactive Advisors LLC acquired a new stake in T. Rowe Price U.S. High Yield ETF during the fourth quarter worth approximately $394,000. Envestnet Asset Management Inc. increased its position in T. Rowe Price U.S. High Yield ETF by 35.1% during the second quarter. Envestnet Asset Management Inc. now owns 9,602 shares of the company’s stock worth $502,000 after acquiring an additional 2,494 shares during the period. Finally, Heritage Wealth Management Inc. acquired a new stake in shares of T. Rowe Price U.S. High Yield ETF during the 4th quarter worth $746,000.

T. Rowe Price U.S. High Yield ETF Price Performance

THYF traded up $0.01 on Friday, reaching $52.28. 4,597 shares of the company traded hands, compared to its average volume of 8,280. The company has a market cap of $792.04 million, a price-to-earnings ratio of 20.41 and a beta of 0.40. The stock’s 50 day moving average price is $52.34 and its 200-day moving average price is $52.35. T. Rowe Price U.S. High Yield ETF has a 52-week low of $49.03 and a 52-week high of $52.98.

T. Rowe Price U.S. High Yield ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a dividend of $0.2681 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, January 27th.

About T. Rowe Price U.S. High Yield ETF

The T. Rowe Price U.S. High Yield ETF (THYF) is an exchange-traded fund. The ETF currently has 21.58m in AUM and 110 holdings. THYF is actively managed to hold a broad portfolio of US high-yield corporate bonds of any maturity. THYF was launched on Oct 25, 2022 and is managed by T. Rowe Price.