T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Significant Growth in Short Interest
by Scott Moore · The Cerbat GemT. Rowe Price Total Return ETF (NYSEARCA:TOTR – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 8,903 shares, a growth of 221.1% from the December 31st total of 2,773 shares. Based on an average daily volume of 4,721 shares, the short-interest ratio is presently 1.9 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 4,721 shares, the short-interest ratio is presently 1.9 days.
Hedge Funds Weigh In On T. Rowe Price Total Return ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its position in shares of T. Rowe Price Total Return ETF by 9.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 45,766 shares of the company’s stock worth $1,858,000 after purchasing an additional 4,065 shares during the period. Jane Street Group LLC bought a new position in T. Rowe Price Total Return ETF during the 1st quarter worth $782,000. Susquehanna International Group LLP bought a new position in T. Rowe Price Total Return ETF during the 3rd quarter worth $1,188,000. Citadel Advisors LLC increased its position in T. Rowe Price Total Return ETF by 2.3% in the third quarter. Citadel Advisors LLC now owns 49,758 shares of the company’s stock worth $2,029,000 after buying an additional 1,136 shares during the period. Finally, Landmark Wealth Management LLC lifted its stake in T. Rowe Price Total Return ETF by 5.2% in the third quarter. Landmark Wealth Management LLC now owns 171,399 shares of the company’s stock valued at $6,990,000 after buying an additional 8,477 shares during the last quarter.
T. Rowe Price Total Return ETF Stock Performance
T. Rowe Price Total Return ETF stock remained flat at $40.75 during midday trading on Friday. The company had a trading volume of 32,412 shares, compared to its average volume of 8,281. The business’s 50 day moving average is $40.85 and its two-hundred day moving average is $40.82. T. Rowe Price Total Return ETF has a 1 year low of $39.24 and a 1 year high of $41.33. The company has a market capitalization of $550.13 million, a PE ratio of 1.82 and a beta of 0.29.
T. Rowe Price Total Return ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were given a dividend of $0.1777 per share. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. This is a boost from T. Rowe Price Total Return ETF’s previous monthly dividend of $0.17.
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.