T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Down 15.4% in January

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYFGet Free Report) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 3,014 shares, a decrease of 15.4% from the January 15th total of 3,561 shares. Based on an average daily volume of 9,184 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 9,184 shares, the short-interest ratio is presently 0.3 days.

T. Rowe Price U.S. High Yield ETF Stock Up 0.2%

Shares of NYSEARCA:THYF traded up $0.08 during trading on Wednesday, reaching $52.46. 6,228 shares of the company traded hands, compared to its average volume of 11,453. The firm has a market capitalization of $796.33 million, a PE ratio of 20.41 and a beta of 0.40. The company’s 50 day moving average is $52.37 and its two-hundred day moving average is $52.36. T. Rowe Price U.S. High Yield ETF has a 52 week low of $49.03 and a 52 week high of $52.98.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.2681 per share. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 6.1%.

Hedge Funds Weigh In On T. Rowe Price U.S. High Yield ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in T. Rowe Price U.S. High Yield ETF during the first quarter valued at $28,000. Jones Financial Companies Lllp boosted its holdings 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 worth $261,000 after buying 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 worth approximately $293,000. Tactive Advisors LLC bought a new stake in shares of T. Rowe Price U.S. High Yield ETF in the 4th quarter valued at $394,000. Finally, Envestnet Asset Management Inc. boosted its stake in T. Rowe Price U.S. High Yield ETF by 35.1% during the second quarter. Envestnet Asset Management Inc. now owns 9,602 shares of the company’s stock worth $502,000 after acquiring an additional 2,494 shares in the last quarter.

T. Rowe Price U.S. High Yield ETF Company Profile

(Get Free Report)

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.

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