T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 10,472 shares, a decline of 54.4% from the August 15th total of 22,942 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 14,375 shares, the days-to-cover ratio is currently 0.7 days.
T. Rowe Price U.S. High Yield ETF Stock Performance
Shares of NYSEARCA THYF opened at $50.73 on Monday. The company’s 50 day moving average price is $51.38 and its 200-day moving average price is $51.54. 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 company has a market capitalization of $837.04 million, a P/E ratio of 20.41 and a beta of 0.35.
Institutional Investors Weigh In On T. Rowe Price U.S. High Yield ETF
Several institutional investors and hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new position in shares of T. Rowe Price U.S. High Yield ETF during the 1st quarter worth approximately $28,000. Integrated Wealth Concepts LLC acquired a new position in shares of T. Rowe Price U.S. High Yield ETF during the 2nd quarter valued at $36,000. Regal Investment Advisors LLC bought a new position in T. Rowe Price U.S. High Yield ETF during the fourth quarter worth $293,000. Tactive Advisors LLC boosted its stake in 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 worth $414,000 after acquiring an additional 743 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in T. Rowe Price U.S. High Yield ETF by 16.2% in the third quarter. Envestnet Asset Management Inc. now owns 11,158 shares of the company’s stock worth $585,000 after purchasing an additional 1,556 shares during the period.
About T. Rowe Price U.S. High Yield ETF
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.
Recommended Stories
- Five stocks we like better than T. Rowe Price U.S. High Yield ETF
- Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound
- 3 Small-Cap Biotechs With Binary Catalysts on the Calendar
- Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound
- As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits
Receive News & Ratings for T. Rowe Price U.S. High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price U.S. High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.
