T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) Short Interest Up 105.7% in September

T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 18,100 shares, an increase of 105.7% from the August 31st total of 8,800 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 1.9 days.

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

NYSEARCA:THYF traded down $0.07 during trading hours on Monday, reaching $52.44. 626 shares of the company traded hands, compared to its average volume of 35,909. The firm’s 50-day moving average is $52.45 and its 200-day moving average is $51.81. The stock has a market cap of $783.90 million, a P/E ratio of 20.41 and a beta of 0.68. T. Rowe Price U.S. High Yield ETF has a 1-year low of $49.03 and a 1-year high of $52.98.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. purchased a new position in shares of T. Rowe Price U.S. High Yield ETF in the 1st quarter worth $28,000. Envestnet Asset Management Inc. purchased a new position in shares of T. Rowe Price U.S. High Yield ETF in the 1st quarter worth $365,000. AdvisorNet Financial Inc raised its position in shares of T. Rowe Price U.S. High Yield ETF by 10.1% in the 2nd quarter. AdvisorNet Financial Inc now owns 14,295 shares of the company’s stock worth $747,000 after buying an additional 1,306 shares during the period. Jane Street Group LLC raised its position in shares of T. Rowe Price U.S. High Yield ETF by 138.8% in the 2nd quarter. Jane Street Group LLC now owns 20,983 shares of the company’s stock worth $1,096,000 after buying an additional 12,197 shares during the period. Finally, PFG Advisors raised its position in shares of T. Rowe Price U.S. High Yield ETF by 44.5% in the 1st quarter. PFG Advisors now owns 23,311 shares of the company’s stock worth $1,197,000 after buying an additional 7,174 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.