T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Update

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 3,375 shares, a drop of 65.8% from the April 30th total of 9,873 shares. Based on an average daily volume of 11,992 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

T. Rowe Price U.S. High Yield ETF Trading Up 0.1%

NYSEARCA THYF traded up $0.04 during mid-day trading on Friday, hitting $51.74. The company’s stock had a trading volume of 10,502 shares, compared to its average volume of 16,581. The firm has a market capitalization of $812.32 million, a price-to-earnings ratio of 20.41 and a beta of 0.36. The company’s 50 day simple moving average is $51.55 and its 200 day simple moving average is $51.98. T. Rowe Price U.S. High Yield ETF has a twelve month low of $50.43 and a twelve month high of $52.98.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. acquired a new stake in shares of T. Rowe Price U.S. High Yield ETF in the 1st quarter worth about $28,000. Jones Financial Companies Lllp boosted its stake in 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 purchasing an additional 4,192 shares during the last quarter. Regal Investment Advisors LLC bought a new stake in T. Rowe Price U.S. High Yield ETF during the 4th quarter worth approximately $293,000. Tactive Advisors LLC purchased a new stake in shares of T. Rowe Price U.S. High Yield ETF in the fourth quarter worth approximately $394,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of T. Rowe Price U.S. High Yield ETF by 16.2% in the third quarter. Envestnet Asset Management Inc. now owns 11,158 shares of the company’s stock worth $585,000 after purchasing an additional 1,556 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.