T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Down 54.4% in August

by · The Markets Daily

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 10,472 shares, a decrease of 54.4% from the August 15th total of 22,942 shares. Based on an average daily trading volume, of 14,375 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new position in T. Rowe Price U.S. High Yield ETF in the 1st quarter valued at about $28,000. Integrated Wealth Concepts LLC bought a new position in shares of T. Rowe Price U.S. High Yield ETF in the second quarter valued at approximately $36,000. Regal Investment Advisors LLC bought a new position in shares of T. Rowe Price U.S. High Yield ETF in the fourth quarter valued at approximately $293,000. Tactive Advisors LLC boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 10.2% during the second quarter. Tactive Advisors LLC now owns 8,028 shares of the company’s stock valued at $414,000 after buying an additional 743 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 16.2% during the third quarter. Envestnet Asset Management Inc. now owns 11,158 shares of the company’s stock valued at $585,000 after buying an additional 1,556 shares during the last quarter.

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

Shares of T. Rowe Price U.S. High Yield ETF stock opened at $50.73 on Monday. The stock has a market capitalization of $837.04 million, a PE ratio of 20.41 and a beta of 0.35. T. Rowe Price U.S. High Yield ETF has a 52 week low of $50.43 and a 52 week high of $52.98. The stock has a 50 day moving average price of $51.38 and a two-hundred day moving average price of $51.54.

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.

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