T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Stock Short Interest Drops 96.1%

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 259 shares, a drop of 96.1% from the October 15th total of 6,716 shares. Based on an average trading volume of 76,572 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Blume Capital Management Inc. acquired a new stake in shares of T. Rowe Price Total Return ETF during the third quarter worth $374,000. Kickstand Ventures LLC. bought a new position in T. Rowe Price Total Return ETF during the second quarter worth $427,000. Cetera Investment Advisers raised its stake in T. Rowe Price Total Return ETF by 27.8% during the first quarter. Cetera Investment Advisers now owns 46,222 shares of the company’s stock worth $1,862,000 after buying an additional 10,061 shares during the last quarter. Finally, Landmark Wealth Management LLC raised its stake in T. Rowe Price Total Return ETF by 3.4% during the third quarter. Landmark Wealth Management LLC now owns 255,810 shares of the company’s stock worth $9,756,000 after buying an additional 8,363 shares during the last quarter.

T. Rowe Price Total Return ETF Price Performance

Shares of T. Rowe Price Total Return ETF stock traded down $0.25 during midday trading on Tuesday, reaching $38.76. The company had a trading volume of 7,875 shares, compared to its average volume of 18,213. The stock has a fifty day moving average price of $38.70 and a 200 day moving average price of $39.83. T. Rowe Price Total Return ETF has a fifty-two week low of $38.00 and a fifty-two week high of $41.25. The firm has a market cap of $545.35 million, a PE ratio of 1.82 and a beta of 0.27.

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.