Short Interest in T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Rises By 568.2%

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,274 shares, a growth of 568.2% from the November 30th total of 939 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 7,860 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 7,860 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the company’s stock are short sold.

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

Shares of NYSEARCA:THYF traded up $0.06 on Friday, hitting $52.28. 620 shares of the company’s stock were exchanged, compared to its average volume of 29,539. T. Rowe Price U.S. High Yield ETF has a 1-year low of $49.03 and a 1-year high of $52.98. The company has a market capitalization of $786.83 million, a PE ratio of 20.41 and a beta of 0.40. The firm’s 50-day moving average is $52.25 and its 200 day moving average is $52.30.

T. Rowe Price U.S. High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 24th were paid a $0.3038 dividend. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date was Monday, November 24th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of THYF. Souders Financial Advisors grew its position in shares of T. Rowe Price U.S. High Yield ETF by 5.1% in the 3rd quarter. Souders Financial Advisors now owns 175,839 shares of the company’s stock valued at $9,222,000 after buying an additional 8,552 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of T. Rowe Price U.S. High Yield ETF by 5.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 94,666 shares of the company’s stock worth $4,965,000 after purchasing an additional 5,054 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of T. Rowe Price U.S. High Yield ETF by 1.4% during the second quarter. Strategic Financial Concepts LLC now owns 80,487 shares of the company’s stock worth $4,207,000 after purchasing an additional 1,086 shares during the last quarter. Cetera Investment Advisers increased its position in shares of T. Rowe Price U.S. High Yield ETF by 4.5% during the second quarter. Cetera Investment Advisers now owns 59,149 shares of the company’s stock worth $3,090,000 after purchasing an additional 2,559 shares in the last quarter. Finally, Intergy Private Wealth LLC lifted its holdings in shares of T. Rowe Price U.S. High Yield ETF by 2.7% in the 3rd quarter. Intergy Private Wealth LLC now owns 29,979 shares of the company’s stock valued at $1,572,000 after purchasing an additional 786 shares during the last quarter.

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.