Short Interest in T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Expands By 74.0%

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 15,495 shares, a growth of 74.0% from the January 15th total of 8,903 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 11,930 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 11,930 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the shares of the stock are sold short.

T. Rowe Price Total Return ETF Price Performance

TOTR stock traded up $0.10 during midday trading on Friday, reaching $41.14. The company had a trading volume of 11,034 shares, compared to its average volume of 10,444. The firm has a 50-day moving average price of $40.83 and a 200-day moving average price of $40.86. The company has a market capitalization of $556.21 million, a P/E ratio of 1.82 and a beta of 0.29. T. Rowe Price Total Return ETF has a 1 year low of $39.24 and a 1 year high of $41.33.

T. Rowe Price Total Return ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, January 29th. Investors of record on Tuesday, January 27th were given a $0.1777 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Tuesday, January 27th. This is a positive change from T. Rowe Price Total Return ETF’s previous monthly dividend of $0.17.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of TOTR. Jane Street Group LLC bought a new stake in T. Rowe Price Total Return ETF in the first quarter worth $782,000. Envestnet Asset Management Inc. increased its holdings in shares of T. Rowe Price Total Return ETF by 9.7% in the second quarter. Envestnet Asset Management Inc. now owns 45,766 shares of the company’s stock worth $1,858,000 after buying an additional 4,065 shares during the period. Landmark Wealth Management LLC lifted its stake in shares of T. Rowe Price Total Return ETF by 5.2% in the 3rd quarter. Landmark Wealth Management LLC now owns 171,399 shares of the company’s stock valued at $6,990,000 after acquiring an additional 8,477 shares during the last quarter. BankPlus Wealth Management LLC boosted its holdings in T. Rowe Price Total Return ETF by 10.9% during the 3rd quarter. BankPlus Wealth Management LLC now owns 85,511 shares of the company’s stock valued at $3,487,000 after acquiring an additional 8,413 shares during the period. Finally, Jones Financial Companies Lllp grew its position in T. Rowe Price Total Return ETF by 233.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 31,895 shares of the company’s stock worth $1,297,000 after acquiring an additional 22,322 shares during the last quarter.

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.