T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Short Interest Update

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 24,594 shares, an increase of 96.9% from the December 31st total of 12,490 shares. Approximately 1.1% of the shares of the stock are sold short. Based on an average daily volume of 21,972 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 21,972 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On T. Rowe Price Intermediate Municipal Income ETF

Large investors have recently bought and sold shares of the company. Jane Street Group LLC grew its holdings in shares of T. Rowe Price Intermediate Municipal Income ETF by 12.5% during the second quarter. Jane Street Group LLC now owns 9,536 shares of the company’s stock worth $474,000 after purchasing an additional 1,062 shares during the last quarter. Well Done LLC boosted its position in T. Rowe Price Intermediate Municipal Income ETF by 127.6% during the 3rd quarter. Well Done LLC now owns 56,905 shares of the company’s stock worth $2,885,000 after buying an additional 31,905 shares during the period. Truist Financial Corp bought a new stake in T. Rowe Price Intermediate Municipal Income ETF during the 3rd quarter worth approximately $231,000. Envestnet Asset Management Inc. acquired a new position in T. Rowe Price Intermediate Municipal Income ETF in the 3rd quarter valued at approximately $231,000. Finally, Raymond James Financial Inc. bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the third quarter valued at $893,000.

T. Rowe Price Intermediate Municipal Income ETF Stock Performance

T. Rowe Price Intermediate Municipal Income ETF stock traded up $0.04 during mid-day trading on Friday, reaching $51.48. The company had a trading volume of 11,467 shares, compared to its average volume of 15,932. The business has a fifty day simple moving average of $51.25 and a 200 day simple moving average of $50.76. T. Rowe Price Intermediate Municipal Income ETF has a fifty-two week low of $48.64 and a fifty-two week high of $51.62.

T. Rowe Price Intermediate Municipal Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.1622 per share. This is a positive change from T. Rowe Price Intermediate Municipal Income ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Tuesday, December 23rd.

T. Rowe Price Intermediate Municipal Income ETF Company Profile

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.