T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Significant Growth in Short Interest

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 8,903 shares, a growth of 221.1% from the December 31st total of 2,773 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 4,721 shares, the short-interest ratio is currently 1.9 days. Based on an average daily volume of 4,721 shares, the short-interest ratio is currently 1.9 days. Approximately 0.1% of the company’s stock are short sold.

T. Rowe Price Total Return ETF Trading Down 0.1%

Shares of TOTR traded down $0.03 during mid-day trading on Wednesday, hitting $40.73. The company’s stock had a trading volume of 9,816 shares, compared to its average volume of 7,079. The company’s 50-day moving average is $40.86 and its 200-day moving average is $40.82. T. Rowe Price Total Return ETF has a 52-week low of $39.24 and a 52-week high of $41.33. The firm has a market capitalization of $549.04 million, a price-to-earnings ratio of 1.82 and a beta of 0.29.

T. Rowe Price Total Return ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be given a dividend of $0.1777 per share. This is a boost from T. Rowe Price Total Return ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 5.2%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in shares of T. Rowe Price Total Return ETF during the 1st quarter worth $782,000. Susquehanna International Group LLP bought a new position in T. Rowe Price Total Return ETF in the third quarter worth about $1,188,000. Jones Financial Companies Lllp lifted its position in shares of T. Rowe Price Total Return ETF by 233.2% during the third quarter. Jones Financial Companies Lllp now owns 31,895 shares of the company’s stock valued at $1,297,000 after buying an additional 22,322 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of T. Rowe Price Total Return ETF by 9.7% during the second quarter. Envestnet Asset Management Inc. now owns 45,766 shares of the company’s stock valued at $1,858,000 after buying an additional 4,065 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in shares of T. Rowe Price Total Return ETF by 2.3% in the 3rd quarter. Citadel Advisors LLC now owns 49,758 shares of the company’s stock valued at $2,029,000 after buying an additional 1,136 shares in the last quarter.

T. Rowe Price Total Return ETF Company Profile

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.