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

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) was the target of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 14,739 shares, a drop of 34.2% from the February 12th total of 22,403 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 7,653 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 7,653 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.6% of the shares of the stock are sold short.

T. Rowe Price Intermediate Municipal Income ETF Stock Performance

Shares of NASDAQ TAXE traded up $0.07 during mid-day trading on Friday, reaching $51.33. The company’s stock had a trading volume of 3,627 shares, compared to its average volume of 13,849. The stock has a fifty day moving average of $51.61 and a two-hundred day moving average of $51.16. T. Rowe Price Intermediate Municipal Income ETF has a 52 week low of $48.64 and a 52 week high of $52.03.

T. Rowe Price Intermediate Municipal Income ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were paid a $0.1582 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Tuesday, February 24th.

Institutional Investors Weigh In On T. Rowe Price Intermediate Municipal Income ETF

Several institutional investors and hedge funds have recently modified their holdings of TAXE. OLD Mission Capital LLC purchased a new position in shares of T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter worth $3,577,000. Price T Rowe Associates Inc. MD increased its holdings in T. Rowe Price Intermediate Municipal Income ETF by 18.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 159,425 shares of the company’s stock valued at $8,147,000 after acquiring an additional 24,475 shares during the last quarter. &PARTNERS purchased a new stake in T. Rowe Price Intermediate Municipal Income ETF in the 4th quarter worth $480,000. Kestra Advisory Services LLC bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the 4th quarter valued at about $220,000. Finally, Magnolia Capital Advisors LLC purchased a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the fourth quarter valued at about $204,000.

T. Rowe Price Intermediate Municipal Income ETF Company Profile

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.