T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Update

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYFGet Free Report) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,325 shares, a growth of 87.4% from the May 14th total of 3,375 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 10,348 shares, the days-to-cover ratio is presently 0.6 days.

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

Shares of THYF opened at $51.81 on Monday. The stock has a market capitalization of $813.42 million, a P/E ratio of 20.41 and a beta of 0.35. The company’s fifty day moving average is $51.69 and its two-hundred day moving average is $51.95. T. Rowe Price U.S. High Yield ETF has a 1 year low of $50.43 and a 1 year high of $52.98.

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

Several institutional investors have recently bought and sold shares of THYF. Geneos Wealth Management Inc. acquired a new position in T. Rowe Price U.S. High Yield ETF in the 1st quarter valued at $28,000. Jones Financial Companies Lllp increased its stake in T. Rowe Price U.S. High Yield ETF by 532.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 4,979 shares of the company’s stock valued at $261,000 after buying an additional 4,192 shares during the period. Regal Investment Advisors LLC acquired a new position in T. Rowe Price U.S. High Yield ETF in the 4th quarter valued at $293,000. Tactive Advisors LLC acquired a new position in T. Rowe Price U.S. High Yield ETF in the 4th quarter valued at $394,000. Finally, Envestnet Asset Management Inc. increased its stake in T. Rowe Price U.S. High Yield ETF by 16.2% in the 3rd 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 period.

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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