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

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totaling 5,473 shares, a decline of 48.3% from the April 15th total of 10,581 shares. Based on an average trading volume of 3,566 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of T. Rowe Price Total Return ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in T. Rowe Price Total Return ETF in the first quarter worth about $782,000. Susquehanna International Group LLP purchased a new stake in shares of T. Rowe Price Total Return ETF during the third quarter valued at approximately $1,188,000. Jones Financial Companies Lllp increased its position in shares of T. Rowe Price Total Return ETF by 233.2% during the third quarter. Jones Financial Companies Lllp now owns 31,895 shares of the company’s stock valued at $1,297,000 after acquiring an additional 22,322 shares in the last quarter. Cetera Investment Advisers increased its position in shares of T. Rowe Price Total Return ETF by 16.8% during the fourth quarter. Cetera Investment Advisers now owns 36,161 shares of the company’s stock valued at $1,474,000 after acquiring an additional 5,210 shares in the last quarter. Finally, Citadel Advisors LLC raised its holdings in T. Rowe Price Total Return ETF by 2.3% in the 3rd quarter. Citadel Advisors LLC now owns 49,758 shares of the company’s stock worth $2,029,000 after acquiring an additional 1,136 shares during the last quarter.

T. Rowe Price Total Return ETF Stock Down 0.6%

Shares of NYSEARCA:TOTR traded down $0.23 on Friday, hitting $39.87. 4,261 shares of the company traded hands, compared to its average volume of 10,674. The stock has a 50 day simple moving average of $40.37 and a 200-day simple moving average of $40.71. The company has a market cap of $543.03 million, a PE ratio of 1.82 and a beta of 0.27. T. Rowe Price Total Return ETF has a 52 week low of $39.78 and a 52 week high of $41.33.

About T. Rowe Price Total Return ETF

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.