T. Rowe Price Total Return ETF (NYSEARCA:TOTR) Stock Short Interest Drops 96.1%

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 259 shares, a drop of 96.1% from the October 15th total of 6,716 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 76,572 shares, the days-to-cover ratio is currently 0.0 days.

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

Several large investors have recently modified their holdings of TOTR. Landmark Wealth Management LLC grew its stake in shares of T. Rowe Price Total Return ETF by 3.4% in the third quarter. Landmark Wealth Management LLC now owns 255,810 shares of the company’s stock worth $9,756,000 after purchasing an additional 8,363 shares during the last quarter. Cetera Investment Advisers increased its holdings 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 valued at $1,862,000 after purchasing an additional 10,061 shares during the period. Kickstand Ventures LLC. acquired a new stake in T. Rowe Price Total Return ETF in the second quarter valued at $427,000. Finally, Blume Capital Management Inc. bought a new position in T. Rowe Price Total Return ETF during the 3rd quarter worth $374,000.

T. Rowe Price Total Return ETF Trading Down 0.6%

NYSEARCA:TOTR traded down $0.25 during mid-day trading on Tuesday, hitting $38.76. 7,875 shares of the company’s stock were exchanged, compared to its average volume of 18,213. The company has a 50 day simple moving average of $38.70 and a 200-day simple moving average of $39.83. T. Rowe Price Total Return ETF has a fifty-two week low of $38.00 and a fifty-two week high of $41.25. The firm has a market capitalization of $545.35 million, a P/E ratio of 1.82 and a beta of 0.27.

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.