T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Short Interest Up 301.9% in April

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 100,838 shares, an increase of 301.9% from the April 15th total of 25,092 shares. Based on an average daily volume of 138,687 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.5% of the shares of the stock are short sold.

Institutional Trading of T. Rowe Price Ultra Short-Term Bond ETF

Several institutional investors have recently modified their holdings of the stock. Independent Financial Group LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter valued at about $1,908,000. Dahring Cusmano LLC grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 20.0% in the first quarter. Dahring Cusmano LLC now owns 51,471 shares of the company’s stock valued at $2,561,000 after purchasing an additional 8,586 shares during the period. Members Advisory Group LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter valued at about $17,648,000. Stephens Inc. AR grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 92.8% in the first quarter. Stephens Inc. AR now owns 25,550 shares of the company’s stock valued at $1,271,000 after purchasing an additional 12,300 shares during the period. Finally, World Investment Advisors grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 3.3% in the first quarter. World Investment Advisors now owns 7,166 shares of the company’s stock valued at $357,000 after purchasing an additional 230 shares during the period.

T. Rowe Price Ultra Short-Term Bond ETF Stock Up 0.0%

Shares of NYSEARCA TBUX traded up $0.02 during trading on Wednesday, hitting $49.87. The company had a trading volume of 147,495 shares, compared to its average volume of 195,968. The stock has a fifty day simple moving average of $49.83 and a two-hundred day simple moving average of $49.87. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $49.59 and a fifty-two week high of $50.05. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03.

T. Rowe Price Ultra Short-Term Bond ETF Company Profile

The T. Rowe Price Ultra Short-Term Bond ETF (TBUX) is an exchange-traded fund. The ETF currently has 53.48m in AUM and 293 holdings. TBUX is an actively-managed fund that invests in a diversified portfolio of investment-grade fixed income securities, targeting an effective duration of 1.5 years or less. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.