T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Sees Large Growth in Short Interest
by Doug Wharley · The Cerbat GemT. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,807 shares, an increase of 207.1% from the March 31st total of 914 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 19,088 shares, the days-to-cover ratio is presently 0.1 days.
T. Rowe Price Intermediate Municipal Income ETF Price Performance
NASDAQ TAXE opened at $51.33 on Friday. The business’s 50 day moving average price is $51.33 and its 200-day moving average price is $51.28. T. Rowe Price Intermediate Municipal Income ETF has a fifty-two week low of $49.24 and a fifty-two week high of $52.03.
T. Rowe Price Intermediate Municipal Income ETF Cuts Dividend
The business also recently announced a dividend, which was paid on Monday, March 30th. Stockholders of record on Thursday, March 26th were given a dividend of $0.1486 per share. The ex-dividend date of this dividend was Thursday, March 26th.
Hedge Funds Weigh In On T. Rowe Price Intermediate Municipal Income ETF
Hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 4th quarter worth $3,577,000. Price T Rowe Associates Inc. MD lifted its stake in shares of T. Rowe Price Intermediate Municipal Income ETF by 18.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 159,425 shares of the company’s stock worth $8,147,000 after purchasing an additional 24,475 shares during the last quarter. &PARTNERS purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter worth $480,000. Kestra Advisory Services LLC purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter worth $220,000. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter worth $204,000.
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.