Short Interest in T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Decreases By 43.2%

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,352 shares, a drop of 43.2% from the June 30th total of 4,140 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,514 shares, the days-to-cover ratio is currently 0.3 days.

T. Rowe Price Total Return ETF Stock Performance

Shares of TOTR stock traded up $0.05 on Thursday, hitting $39.45. The stock had a trading volume of 16,891 shares, compared to its average volume of 12,756. The stock’s 50 day moving average is $39.97 and its 200-day moving average is $40.37. The firm has a market capitalization of $571.24 million, a price-to-earnings ratio of 1.82 and a beta of 0.26. T. Rowe Price Total Return ETF has a 52-week low of $39.40 and a 52-week high of $41.33.

Institutional Investors Weigh In On T. Rowe Price Total Return ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TOTR. Jane Street Group LLC acquired a new stake in shares of T. Rowe Price Total Return ETF in the 1st quarter valued at about $782,000. Susquehanna International Group LLP acquired a new position in T. Rowe Price Total Return ETF in the third quarter worth $1,188,000. Cetera Investment Advisers boosted its holdings in shares of T. Rowe Price Total Return ETF by 16.8% in the 4th quarter. Cetera Investment Advisers now owns 36,161 shares of the company’s stock valued at $1,474,000 after buying an additional 5,210 shares during the period. Citadel Advisors LLC boosted its stake in T. Rowe Price Total Return ETF by 2.3% in the third quarter. Citadel Advisors LLC now owns 49,758 shares of the company’s stock valued at $2,029,000 after acquiring an additional 1,136 shares during the period. Finally, BankPlus Wealth Management LLC grew its stake in T. Rowe Price Total Return ETF by 7.2% during the 4th quarter. BankPlus Wealth Management LLC now owns 91,631 shares of the company’s stock worth $3,735,000 after buying an additional 6,120 shares during the last quarter.

About T. Rowe Price Total Return ETF

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.