Short Interest in T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Grows By 93.7%

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 11,914 shares, a growth of 93.7% from the March 15th total of 6,152 shares. Based on an average daily volume of 6,165 shares, the short-interest ratio is currently 1.9 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On T. Rowe Price Total Return ETF

Several large investors have recently added to or reduced their stakes in TOTR. Susquehanna International Group LLP acquired a new stake in T. Rowe Price Total Return ETF during the third quarter worth approximately $1,188,000. Jones Financial Companies Lllp grew its stake in 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 worth $1,297,000 after purchasing an additional 22,322 shares during the period. Jane Street Group LLC acquired a new stake in T. Rowe Price Total Return ETF during the first quarter worth approximately $782,000. Landmark Wealth Management LLC grew its stake in T. Rowe Price Total Return ETF by 6.0% during the fourth quarter. Landmark Wealth Management LLC now owns 181,642 shares of the company’s stock worth $7,405,000 after purchasing an additional 10,243 shares during the period. Finally, BankPlus Wealth Management LLC grew its stake in T. Rowe Price Total Return ETF by 10.9% during the third quarter. BankPlus Wealth Management LLC now owns 85,511 shares of the company’s stock worth $3,487,000 after purchasing an additional 8,413 shares during the period.

T. Rowe Price Total Return ETF Price Performance

NYSEARCA TOTR opened at $40.38 on Monday. The business has a 50 day simple moving average of $40.65 and a 200 day simple moving average of $40.81. T. Rowe Price Total Return ETF has a one year low of $39.24 and a one year high of $41.33. The stock has a market capitalization of $549.98 million, a P/E ratio of 1.82 and a beta of 0.29.

T. Rowe Price Total Return ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were paid a dividend of $0.1742 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 5.2%.

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.