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 large increase in short interest in June. As of June 30th, there was short interest totaling 15,394 shares, an increase of 83.8% from the June 15th total of 8,377 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 66,044 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On T. Rowe Price U.S. High Yield ETF

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the first quarter valued at approximately $28,000. Jane Street Group LLC grew its stake in T. Rowe Price U.S. High Yield ETF by 138.8% in the 2nd quarter. Jane Street Group LLC now owns 20,983 shares of the company’s stock worth $1,096,000 after acquiring an additional 12,197 shares during the period. Envestnet Asset Management Inc. grew its stake in T. Rowe Price U.S. High Yield ETF by 16.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 11,158 shares of the company’s stock worth $585,000 after acquiring an additional 1,556 shares during the period. Allworth Financial LP raised its holdings in T. Rowe Price U.S. High Yield ETF by 10.1% in the 3rd quarter. Allworth Financial LP now owns 21,263 shares of the company’s stock valued at $1,115,000 after acquiring an additional 1,949 shares during the last quarter. Finally, Tactive Advisors LLC acquired a new position in T. Rowe Price U.S. High Yield ETF in the 4th quarter valued at $394,000.

T. Rowe Price U.S. High Yield ETF Trading Down 0.0%

Shares of THYF stock opened at $51.71 on Friday. The company has a market capitalization of $850.63 million, a price-to-earnings ratio of 20.41 and a beta of 0.35. The firm has a 50-day moving average price of $51.68 and a 200 day moving average price of $51.84. T. Rowe Price U.S. High Yield ETF has a twelve month low of $50.43 and a twelve month high of $52.98.

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.