T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Up 105.7% in September

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 18,100 shares, an increase of 105.7% from the August 31st total of 8,800 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On T. Rowe Price U.S. High Yield ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 19.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 94,092 shares of the company’s stock valued at $4,833,000 after purchasing an additional 15,147 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in T. Rowe Price U.S. High Yield ETF by 14.3% during the first quarter. Strategic Financial Concepts LLC now owns 79,401 shares of the company’s stock worth $4,079,000 after buying an additional 9,920 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in T. Rowe Price U.S. High Yield ETF in the first quarter worth approximately $365,000. Souders Financial Advisors increased its holdings in shares of T. Rowe Price U.S. High Yield ETF by 11.2% in the first quarter. Souders Financial Advisors now owns 157,492 shares of the company’s stock valued at $8,090,000 after buying an additional 15,917 shares in the last quarter. Finally, PFG Advisors increased its holdings in shares of T. Rowe Price U.S. High Yield ETF by 44.5% in the first quarter. PFG Advisors now owns 23,311 shares of the company’s stock valued at $1,197,000 after buying an additional 7,174 shares in the last quarter.

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

THYF opened at $52.50 on Friday. The company has a market capitalization of $784.88 million, a PE ratio of 20.41 and a beta of 0.68. The stock’s fifty day moving average is $52.45 and its 200-day moving average is $51.81. T. Rowe Price U.S. High Yield ETF has a one year low of $49.03 and a one year high of $52.98.

T. Rowe Price U.S. High Yield ETF Company Profile

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.