T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Up 95.9% in February

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 6,182 shares, a growth of 95.9% from the February 12th total of 3,155 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 8,917 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 8,917 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are short sold.

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

Several hedge funds and other institutional investors have recently bought and sold shares of THYF. Geneos Wealth Management Inc. bought a new position in T. Rowe Price U.S. High Yield ETF during the 1st quarter worth approximately $28,000. Jones Financial Companies Lllp raised its position in shares of 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 acquiring an additional 4,192 shares in the last quarter. Regal Investment Advisors LLC acquired a new stake in shares of T. Rowe Price U.S. High Yield ETF during the 4th quarter valued at approximately $293,000. Tactive Advisors LLC bought a new position in T. Rowe Price U.S. High Yield ETF during the fourth quarter worth $394,000. Finally, Envestnet Asset Management Inc. boosted its holdings in T. Rowe Price U.S. High Yield ETF by 35.1% in the second quarter. Envestnet Asset Management Inc. now owns 9,602 shares of the company’s stock worth $502,000 after purchasing an additional 2,494 shares during the period.

T. Rowe Price U.S. High Yield ETF Trading Down 0.7%

THYF stock traded down $0.34 during mid-day trading on Thursday, hitting $51.28. 10,173 shares of the company were exchanged, compared to its average volume of 21,102. The firm has a fifty day simple moving average of $52.28 and a 200 day simple moving average of $52.32. The company has a market capitalization of $778.43 million, a PE ratio of 20.41 and a beta of 0.40. T. Rowe Price U.S. High Yield ETF has a twelve month low of $49.03 and a twelve month high of $52.98.

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

The business also recently declared a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.2925 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This is a positive change from T. Rowe Price U.S. High Yield ETF’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 6.8%.

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.