T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Stock Short Interest Rises 201.3%

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 20,056 shares, an increase of 201.3% from the September 30th total of 6,656 shares. Based on an average daily trading volume, of 21,768 shares, the short-interest ratio is presently 0.9 days. Currently, 0.1% of the company’s shares are sold short.

T. Rowe Price U.S. High Yield ETF Stock Down 0.3%

THYF traded down $0.13 during trading on Friday, hitting $49.89. 17,434 shares of the company’s stock were exchanged, compared to its average volume of 18,837. The business’s 50 day moving average is $50.47 and its two-hundred day moving average is $51.42. The stock has a market cap of $829.17 million, a P/E ratio of 20.41 and a beta of 0.36. T. Rowe Price U.S. High Yield ETF has a fifty-two week low of $49.50 and a fifty-two week high of $52.72.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kickstand Ventures LLC. purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the 2nd quarter worth $7,075,000. Cetera Investment Advisers raised its holdings in shares of T. Rowe Price U.S. High Yield ETF by 5.8% in the first quarter. Cetera Investment Advisers now owns 75,255 shares of the company’s stock valued at $3,838,000 after acquiring an additional 4,142 shares in the last quarter. Turner Financial Group Inc. bought a new position in T. Rowe Price U.S. High Yield ETF in the second quarter worth about $3,656,000. Intergy Private Wealth LLC raised its holdings in shares of T. Rowe Price U.S. High Yield ETF by 9.7% in the third quarter. Intergy Private Wealth LLC now owns 40,179 shares of the company’s stock worth $2,001,000 after buying an additional 3,544 shares during the last quarter. Finally, Heritage Wealth Management Inc. boosted its holdings in shares of T. Rowe Price U.S. High Yield ETF by 23.0% in the 3rd quarter. Heritage Wealth Management Inc. now owns 21,543 shares of the company’s stock valued at $1,073,000 after acquiring an additional 4,022 shares during the last quarter.

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.