T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Short Interest Update

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 14,817 shares, a growth of 258.3% from the April 30th total of 4,135 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 11,608 shares, the short-interest ratio is currently 1.3 days.

Hedge Funds Weigh In On T. Rowe Price Intermediate Municipal Income ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers acquired a new position in T. Rowe Price Intermediate Municipal Income ETF in the first quarter worth approximately $2,279,000. Private Advisor Group LLC increased its holdings in T. Rowe Price Intermediate Municipal Income ETF by 35.8% in the first quarter. Private Advisor Group LLC now owns 8,150 shares of the company’s stock worth $413,000 after buying an additional 2,150 shares during the last quarter. OLD Mission Capital LLC acquired a new position in T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter worth approximately $3,577,000. Price T Rowe Associates Inc. MD increased its holdings in T. Rowe Price Intermediate Municipal Income ETF by 18.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 159,425 shares of the company’s stock worth $8,147,000 after buying an additional 24,475 shares during the last quarter. Finally, &PARTNERS acquired a new position in T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter worth approximately $480,000.

T. Rowe Price Intermediate Municipal Income ETF Trading Up 0.1%

NASDAQ:TAXE traded up $0.05 during mid-day trading on Friday, reaching $51.11. The stock had a trading volume of 26,089 shares, compared to its average volume of 16,957. The business’s 50 day moving average is $51.01 and its 200 day moving average is $51.27. T. Rowe Price Intermediate Municipal Income ETF has a fifty-two week low of $49.31 and a fifty-two week high of $52.03.

T. Rowe Price Intermediate Municipal Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 28th. Investors of record on Tuesday, May 26th were issued a $0.1592 dividend. This is an increase from T. Rowe Price Intermediate Municipal Income ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, May 26th.

About T. Rowe Price Intermediate Municipal Income ETF

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.