T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Large Drop in Short Interest

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 259 shares, a drop of 96.1% from the October 15th total of 6,716 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 76,572 shares, the days-to-cover ratio is currently 0.0 days.

T. Rowe Price Total Return ETF Price Performance

TOTR stock traded down $0.04 during trading on Wednesday, reaching $38.72. 7,139 shares of the stock traded hands, compared to its average volume of 18,161. The business’s 50 day moving average price is $38.70 and its 200-day moving average price is $39.83. T. Rowe Price Total Return ETF has a 52-week low of $38.00 and a 52-week high of $41.25. The firm has a market capitalization of $544.79 million, a PE ratio of 1.82 and a beta of 0.27.

Institutional Trading of T. Rowe Price Total Return ETF

A number of institutional investors have recently modified their holdings of TOTR. Cetera Investment Advisers increased its position in T. Rowe Price Total Return ETF by 27.8% during the 1st quarter. Cetera Investment Advisers now owns 46,222 shares of the company’s stock worth $1,862,000 after purchasing an additional 10,061 shares in the last quarter. Kickstand Ventures LLC. acquired a new position in T. Rowe Price Total Return ETF during the second quarter valued at approximately $427,000. Blume Capital Management Inc. acquired a new position in T. Rowe Price Total Return ETF during the third quarter valued at approximately $374,000. Finally, Landmark Wealth Management LLC grew its stake in T. Rowe Price Total Return ETF by 3.4% during the third quarter. Landmark Wealth Management LLC now owns 255,810 shares of the company’s stock worth $9,756,000 after buying an additional 8,363 shares during the period.

T. Rowe Price Total Return ETF Company Profile

The T. Rowe Price Total Return ETF (TOTR) is an exchange-traded fund. The ETF currently has 25.48m in AUM and 468 holdings. TOTR is an actively managed fund that provides diversified exposure to US fixed income securities. TOTR was launched on Sep 28, 2021 and is managed by T. Rowe Price.