T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Short Interest Update

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 12,613 shares, a growth of 778.3% from the November 30th total of 1,436 shares. Based on an average daily volume of 11,708 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily volume of 11,708 shares, the days-to-cover ratio is currently 1.1 days.

T. Rowe Price Intermediate Municipal Income ETF Trading Up 0.1%

TAXE opened at $51.12 on Friday. The stock has a fifty day simple moving average of $51.16 and a two-hundred day simple moving average of $50.47. T. Rowe Price Intermediate Municipal Income ETF has a 12-month low of $48.64 and a 12-month high of $51.51.

T. Rowe Price Intermediate Municipal Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 26th. Investors of record on Tuesday, December 23rd will be paid a $0.1622 dividend. The ex-dividend date is Tuesday, December 23rd. This is a positive change from T. Rowe Price Intermediate Municipal Income ETF’s previous dividend of $0.12.

Hedge Funds Weigh In On T. Rowe Price Intermediate Municipal Income ETF

A number of institutional investors and hedge funds have recently made changes to their positions in TAXE. Raymond James Financial Inc. bought a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF in the 3rd quarter worth approximately $893,000. Envestnet Asset Management Inc. purchased a new position in T. Rowe Price Intermediate Municipal Income ETF during the third quarter valued at $231,000. Truist Financial Corp purchased a new position in T. Rowe Price Intermediate Municipal Income ETF during the third quarter valued at $231,000. Well Done LLC boosted its holdings in T. Rowe Price Intermediate Municipal Income ETF by 127.6% in the third quarter. Well Done LLC now owns 56,905 shares of the company’s stock worth $2,885,000 after acquiring an additional 31,905 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of T. Rowe Price Intermediate Municipal Income ETF by 12.5% in the second quarter. Jane Street Group LLC now owns 9,536 shares of the company’s stock worth $474,000 after acquiring an additional 1,062 shares during the last quarter.

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.