Short Interest in T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Rises By 568.2%

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 6,274 shares, a growth of 568.2% from the November 30th total of 939 shares. Based on an average trading volume of 7,860 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 7,860 shares, the days-to-cover ratio is presently 0.8 days.

T. Rowe Price U.S. High Yield ETF Stock Up 0.0%

THYF traded up $0.02 during trading on Thursday, reaching $52.22. 2,021 shares of the company were exchanged, compared to its average volume of 29,658. T. Rowe Price U.S. High Yield ETF has a 12-month low of $49.03 and a 12-month high of $52.98. The company’s 50-day moving average is $52.25 and its two-hundred day moving average is $52.30. The company has a market cap of $785.91 million, a price-to-earnings ratio of 20.41 and a beta of 0.40.

T. Rowe Price U.S. High Yield ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 24th were given a dividend of $0.3038 per share. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date was Monday, November 24th.

Institutional Trading of T. Rowe Price U.S. High Yield ETF

Large investors have recently modified their holdings of the business. AdvisorNet Financial Inc raised its stake in T. Rowe Price U.S. High Yield ETF by 3.6% in the third quarter. AdvisorNet Financial Inc now owns 14,813 shares of the company’s stock valued at $777,000 after purchasing an additional 518 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of T. Rowe Price U.S. High Yield ETF during the 1st quarter valued at $28,000. Intergy Private Wealth LLC lifted its holdings in shares of T. Rowe Price U.S. High Yield ETF by 2.7% during the 3rd quarter. Intergy Private Wealth LLC now owns 29,979 shares of the company’s stock worth $1,572,000 after acquiring an additional 786 shares during the last quarter. Strategic Financial Concepts LLC grew its position in T. Rowe Price U.S. High Yield ETF by 1.4% in the second quarter. Strategic Financial Concepts LLC now owns 80,487 shares of the company’s stock worth $4,207,000 after acquiring an additional 1,086 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in 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 valued at $585,000 after acquiring an additional 1,556 shares during the last quarter.

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.