T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Sees Significant Decline in Short Interest

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,352 shares, a drop of 43.2% from the June 30th total of 4,140 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,514 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On T. Rowe Price Total Return ETF

Several hedge funds and other institutional investors have recently modified their holdings of TOTR. Cetera Investment Advisers raised its stake in T. Rowe Price Total Return ETF by 27.8% in the first quarter. Cetera Investment Advisers now owns 46,222 shares of the company’s stock worth $1,862,000 after buying an additional 10,061 shares in the last quarter. Landmark Wealth Management LLC grew its holdings in shares of T. Rowe Price Total Return ETF by 6.0% during the 4th quarter. Landmark Wealth Management LLC now owns 181,642 shares of the company’s stock worth $7,405,000 after acquiring an additional 10,243 shares during the period. BankPlus Wealth Management LLC grew its holdings in shares of T. Rowe Price Total Return ETF by 7.2% during the 4th quarter. BankPlus Wealth Management LLC now owns 91,631 shares of the company’s stock worth $3,735,000 after acquiring an additional 6,120 shares during the period. Susquehanna International Group LLP bought a new position in shares of T. Rowe Price Total Return ETF in the 3rd quarter worth approximately $1,188,000. Finally, Citadel Advisors LLC raised its position in shares of T. Rowe Price Total Return ETF by 2.3% in the 3rd quarter. Citadel Advisors LLC now owns 49,758 shares of the company’s stock worth $2,029,000 after acquiring an additional 1,136 shares in the last quarter.

T. Rowe Price Total Return ETF Trading Down 0.4%

Shares of TOTR stock traded down $0.15 during trading hours on Friday, reaching $39.29. The company’s stock had a trading volume of 10,922 shares, compared to its average volume of 12,744. The stock has a market capitalization of $568.92 million, a P/E ratio of 1.82 and a beta of 0.26. The firm’s fifty day simple moving average is $39.96 and its 200 day simple moving average is $40.36. T. Rowe Price Total Return ETF has a one year low of $39.25 and a one year high of $41.33.

T. Rowe Price Total Return ETF Company Profile

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.