T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Short Interest Up 228.6% in August

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 144,352 shares, an increase of 228.6% from the July 30th total of 43,924 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 352,913 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Focus Financial Network Inc. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% in the second quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock worth $22,863,000 after acquiring an additional 415,054 shares in the last quarter. Members Advisory Group LLC acquired a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the first quarter valued at about $17,648,000. William John Sempolinski purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 2nd quarter valued at approximately $15,702,000. Raymond James Financial Inc. raised its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 22.2% in the 2nd quarter. Raymond James Financial Inc. now owns 920,451 shares of the company’s stock valued at $45,783,000 after purchasing an additional 167,250 shares during the last quarter. Finally, Harfst & Associates Inc. boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 221.9% in the 4th quarter. Harfst & Associates Inc. now owns 188,219 shares of the company’s stock worth $9,383,000 after purchasing an additional 129,745 shares in the last quarter.

T. Rowe Price Ultra Short-Term Bond ETF Trading Down 0.0%

Shares of TBUX stock opened at $49.78 on Friday. The business’s fifty day simple moving average is $49.85 and its 200-day simple moving average is $49.85. The company has a market cap of $1.30 billion, a PE ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.61 and a 12-month high of $50.14.

T. Rowe Price Ultra Short-Term Bond ETF Company Profile

The T. Rowe Price Ultra Short-Term Bond ETF (TBUX) is an exchange-traded fund. The ETF currently has 53.48m in AUM and 293 holdings. TBUX is an actively-managed fund that invests in a diversified portfolio of investment-grade fixed income securities, targeting an effective duration of 1.5 years or less. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.