T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Down 36.7% in December

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,345 shares, a drop of 36.7% from the December 15th total of 2,125 shares. Based on an average daily volume of 1,142 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,142 shares, the days-to-cover ratio is currently 1.2 days.

T. Rowe Price Hedged Equity ETF Stock Down 0.0%

Shares of NYSEARCA:THEQ traded down $0.01 during mid-day trading on Friday, reaching $28.24. 112 shares of the stock were exchanged, compared to its average volume of 610. The company has a market cap of $34.74 million, a P/E ratio of 24.54 and a beta of 0.73. T. Rowe Price Hedged Equity ETF has a one year low of $22.97 and a one year high of $28.45. The stock’s 50 day simple moving average is $28.10 and its 200-day simple moving average is $27.57.

Institutional Trading of T. Rowe Price Hedged Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. HighTower Advisors LLC bought a new stake in shares of T. Rowe Price Hedged Equity ETF in the third quarter worth $4,762,000. Jane Street Group LLC acquired a new stake in T. Rowe Price Hedged Equity ETF in the 2nd quarter valued at $405,000. Finally, DAVENPORT & Co LLC bought a new stake in T. Rowe Price Hedged Equity ETF during the 4th quarter worth about $354,000.

T. Rowe Price Hedged Equity ETF Company Profile

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.