T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Short Interest Update

by · The Markets Daily

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 43,924 shares, a drop of 68.0% from the July 15th total of 137,096 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 230,608 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 13,922 shares of the company’s stock worth $694,000 after purchasing an additional 203 shares during the period. World Investment Advisors boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.3% in the 1st quarter. World Investment Advisors now owns 7,166 shares of the company’s stock worth $357,000 after purchasing an additional 230 shares during the period. United Advisor Group LLC grew its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.9% during the fourth quarter. United Advisor Group LLC now owns 18,077 shares of the company’s stock worth $901,000 after buying an additional 339 shares in the last quarter. 1620 Investment Advisors Inc. raised its position in T. Rowe Price Ultra Short-Term Bond ETF by 31.1% in the 4th quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock valued at $126,000 after buying an additional 601 shares during the last quarter. Finally, Heritage Wealth Management Inc. raised its position in T. Rowe Price Ultra Short-Term Bond ETF by 8.8% in the 1st quarter. Heritage Wealth Management Inc. now owns 14,365 shares of the company’s stock valued at $715,000 after buying an additional 1,165 shares during the last quarter.

T. Rowe Price Ultra Short-Term Bond ETF Trading Down 0.1%

Shares of TBUX traded down $0.05 on Friday, reaching $49.87. 280,710 shares of the company’s stock were exchanged, compared to its average volume of 212,748. T. Rowe Price Ultra Short-Term Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.14. The stock has a market capitalization of $1.30 billion, a P/E ratio of 34.13 and a beta of 0.03. The business has a 50 day moving average price of $49.84 and a two-hundred day moving average price of $49.85.

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

(Get Free Report)

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.

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