T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Update

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 18,047 shares, an increase of 4,334.2% from the May 31st total of 407 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average trading volume of 6,893 shares, the short-interest ratio is presently 2.6 days.

T. Rowe Price International Equity Research ETF Stock Performance

NYSEARCA:TIER opened at $32.13 on Friday. T. Rowe Price International Equity Research ETF has a 12-month low of $25.03 and a 12-month high of $34.49. The stock has a market capitalization of $28.92 million, a price-to-earnings ratio of -61.79 and a beta of 1.51. The company has a fifty day moving average of $31.57.

Hedge Funds Weigh In On T. Rowe Price International Equity Research ETF

An institutional investor recently raised its stake in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. lifted its stake in shares of T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,122 shares of the company’s stock after buying an additional 413 shares during the quarter. Essex Financial Services Inc. owned approximately 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. Institutional investors own 75.94% of the company’s stock.