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

T. Rowe Price Total Return ETF (NYSEARCA:TOTR) was the target of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 6,152 shares, a decline of 19.2% from the February 26th total of 7,614 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,512 shares, the short-interest ratio is currently 1.1 days.

T. Rowe Price Total Return ETF Trading Up 0.5%

Shares of TOTR stock traded up $0.20 during trading hours on Monday, hitting $40.13. 485 shares of the company were exchanged, compared to its average volume of 7,753. The stock has a market capitalization of $542.56 million, a price-to-earnings ratio of 1.82 and a beta of 0.29. The firm has a fifty day simple moving average of $40.75 and a 200 day simple moving average of $40.87. T. Rowe Price Total Return ETF has a 52-week low of $39.24 and a 52-week high of $41.33.

T. Rowe Price Total Return ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Tuesday, February 24th were paid a $0.1742 dividend. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 5.2%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Landmark Wealth Management LLC raised its stake in T. Rowe Price Total Return ETF by 6.0% in the fourth quarter. Landmark Wealth Management LLC now owns 181,642 shares of the company’s stock valued at $7,405,000 after purchasing an additional 10,243 shares in the last quarter. BankPlus Wealth Management LLC boosted its holdings in T. Rowe Price Total Return ETF by 7.2% in the fourth quarter. BankPlus Wealth Management LLC now owns 91,631 shares of the company’s stock valued at $3,735,000 after acquiring an additional 6,120 shares in the last quarter. Citadel Advisors LLC lifted 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 purchasing an additional 1,136 shares during the period. Cetera Investment Advisers raised its stake in T. Rowe Price Total Return ETF by 16.8% in the fourth quarter. Cetera Investment Advisers now owns 36,161 shares of the company’s stock worth $1,474,000 after buying an additional 5,210 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its position in shares of T. Rowe Price Total Return ETF by 233.2% in 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 in 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.