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 target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 6,182 shares, a growth of 95.9% from the February 12th total of 3,155 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 8,917 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 8,917 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. purchased a new position in T. Rowe Price U.S. High Yield ETF during the first quarter worth about $28,000. Jones Financial Companies Lllp boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 532.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock valued at $261,000 after acquiring an additional 4,192 shares during the last quarter. Regal Investment Advisors LLC purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the fourth quarter worth about $293,000. Tactive Advisors LLC purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the fourth quarter worth about $394,000. Finally, Envestnet Asset Management Inc. increased its position in shares of T. Rowe Price U.S. High Yield ETF by 35.1% in the second quarter. Envestnet Asset Management Inc. now owns 9,602 shares of the company’s stock worth $502,000 after purchasing an additional 2,494 shares during the last quarter.

T. Rowe Price U.S. High Yield ETF Stock Down 0.2%

THYF traded down $0.11 during midday trading on Friday, hitting $51.17. 9,883 shares of the company were exchanged, compared to its average volume of 20,871. The firm has a market capitalization of $776.76 million, a P/E ratio of 20.41 and a beta of 0.40. T. Rowe Price U.S. High Yield ETF has a 1-year low of $49.03 and a 1-year high of $52.98. The firm’s 50 day moving average price is $52.23 and its 200-day moving average price is $52.30.

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

The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were paid a $0.2925 dividend. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 6.9%. This is an increase from T. Rowe Price U.S. High Yield ETF’s previous monthly dividend of $0.27.

T. Rowe Price U.S. High Yield ETF Company Profile

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.