T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Stock Short Interest Report for October

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 19,355 shares, a decrease of 90.0% from the September 30th total of 193,109 shares. Based on an average trading volume of 278,908 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of T. Rowe Price Intermediate Municipal Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Private Advisor Group LLC raised its holdings in T. Rowe Price Intermediate Municipal Income ETF by 35.8% in the first quarter. Private Advisor Group LLC now owns 8,150 shares of the company’s stock worth $413,000 after buying an additional 2,150 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the second quarter valued at approximately $424,000. KFG Wealth Management LLC purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the second quarter valued at approximately $623,000. Cetera Investment Advisers purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the first quarter valued at approximately $2,279,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the third quarter valued at approximately $2,236,000.

T. Rowe Price Intermediate Municipal Income ETF Price Performance

Shares of NASDAQ:TAXE traded up $0.21 on Monday, hitting $49.95. 177,917 shares of the company traded hands, compared to its average volume of 49,419. T. Rowe Price Intermediate Municipal Income ETF has a 52 week low of $48.04 and a 52 week high of $52.03. The stock has a 50 day simple moving average of $49.45 and a 200-day simple moving average of $50.47.

T. Rowe Price Intermediate Municipal Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 29th. Investors of record on Friday, September 25th were given a dividend of $0.1555 per share. This is a negative change from T. Rowe Price Intermediate Municipal Income ETF’s previous monthly dividend of $0.1618. The ex-dividend date of this dividend was Friday, September 25th. This represents a $1.87 annualized dividend and a yield of 3.7%.

About T. Rowe Price Intermediate Municipal Income ETF

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.