T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Short Interest Down 42.1% in February

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 22,403 shares, a decline of 42.1% from the January 29th total of 38,722 shares. Based on an average daily volume of 18,414 shares, the short-interest ratio is presently 1.2 days. Approximately 1.0% of the shares of the stock are short sold. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 18,414 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On T. Rowe Price Intermediate Municipal Income ETF

Hedge funds have recently made changes to their positions in the business. OLD Mission Capital LLC purchased a new position in T. Rowe Price Intermediate Municipal Income ETF in the 4th quarter worth $3,577,000. Price T Rowe Associates Inc. MD boosted its position in T. Rowe Price Intermediate Municipal Income ETF by 18.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 159,425 shares of the company’s stock valued at $8,147,000 after buying an additional 24,475 shares during the period. &PARTNERS bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the fourth quarter valued at about $480,000. Kestra Advisory Services LLC purchased a new position in shares of T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter worth about $220,000. Finally, Magnolia Capital Advisors LLC bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 4th quarter valued at about $204,000.

T. Rowe Price Intermediate Municipal Income ETF Price Performance

Shares of TAXE traded up $0.04 during midday trading on Friday, reaching $52.00. The stock had a trading volume of 16,372 shares, compared to its average volume of 14,989. The company’s 50-day moving average is $51.53 and its 200 day moving average is $51.08. T. Rowe Price Intermediate Municipal Income ETF has a 12-month low of $48.64 and a 12-month high of $52.03.

T. Rowe Price Intermediate Municipal Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.1582 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Tuesday, February 24th.

T. Rowe Price Intermediate Municipal Income ETF Company Profile

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.