T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Down 22.2% in January

by · The Cerbat Gem

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF – Get Free Report) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,561 shares, a drop of 22.2% from the December 31st total of 4,575 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 7,469 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 7,469 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

T. Rowe Price U.S. High Yield ETF Stock Performance

Shares of T. Rowe Price U.S. High Yield ETF stock traded down $0.06 during trading on Monday, hitting $52.22. 30,548 shares of the stock were exchanged, compared to its average volume of 9,336. T. Rowe Price U.S. High Yield ETF has a 12 month low of $49.03 and a 12 month high of $52.98. The stock’s fifty day moving average is $52.35 and its 200 day moving average is $52.35. The stock has a market cap of $791.13 million, a PE ratio of 20.41 and a beta of 0.40.

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

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a $0.2681 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 6.2%.

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

Several hedge funds and other institutional investors have recently made changes to their positions in THYF. Geneos Wealth Management Inc. acquired a new stake in T. Rowe Price U.S. High Yield ETF in the 1st quarter valued at approximately $28,000. Jones Financial Companies Lllp boosted its position in 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 acquiring an additional 4,192 shares during the period. Tactive Advisors LLC bought a new position in shares of T. Rowe Price U.S. High Yield ETF in the fourth quarter worth $394,000. Envestnet Asset Management Inc. increased its holdings in shares of 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 valued at $502,000 after purchasing an additional 2,494 shares during the period. Finally, Heritage Wealth Management Inc. acquired a new position in shares of T. Rowe Price U.S. High Yield ETF during the fourth quarter valued at $746,000.

About T. Rowe Price U.S. High Yield ETF

(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.

Featured Stories