T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Update

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,375 shares, a decrease of 65.8% from the April 30th total of 9,873 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 11,992 shares, the short-interest ratio is currently 0.3 days.

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

Shares of T. Rowe Price U.S. High Yield ETF stock traded up $0.04 during midday trading on Friday, reaching $51.74. The company had a trading volume of 10,502 shares, compared to its average volume of 16,581. The stock has a fifty day moving average price of $51.55 and a 200 day moving average price of $51.98. T. Rowe Price U.S. High Yield ETF has a fifty-two week low of $50.43 and a fifty-two week high of $52.98. The firm has a market cap of $812.32 million, a PE ratio of 20.41 and a beta of 0.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of THYF. Geneos Wealth Management Inc. bought a new position in shares of T. Rowe Price U.S. High Yield ETF in the 1st quarter worth about $28,000. PFG Advisors boosted its position in shares of T. Rowe Price U.S. High Yield ETF by 3.2% during the 4th quarter. PFG Advisors now owns 30,552 shares of the company’s stock valued at $1,597,000 after purchasing an additional 960 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in T. Rowe Price U.S. High Yield ETF by 16.2% during 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. Intergy Private Wealth LLC increased its holdings in T. Rowe Price U.S. High Yield ETF by 6.2% in the first quarter. Intergy Private Wealth LLC now owns 31,814 shares of the company’s stock worth $1,623,000 after purchasing an additional 1,844 shares in the last quarter. Finally, Allworth Financial LP lifted its stake in T. Rowe Price U.S. High Yield ETF by 10.1% in the third quarter. Allworth Financial LP now owns 21,263 shares of the company’s stock valued at $1,115,000 after buying an additional 1,949 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.