T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Short Interest Down 82.0% in June

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 256,898 shares, a decline of 82.0% from the May 31st total of 1,428,225 shares. Based on an average trading volume of 232,568 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Trading of T. Rowe Price U.S. Equity Research ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada bought a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the first quarter worth about $1,630,000. Qube Research & Technologies Ltd acquired a new position in T. Rowe Price U.S. Equity Research ETF during the 2nd quarter valued at about $67,000. Raymond James Financial Inc. acquired a new position in T. Rowe Price U.S. Equity Research ETF during the 2nd quarter valued at about $51,000. Bank of America Corp DE increased its holdings in T. Rowe Price U.S. Equity Research ETF by 133.3% during the 2nd quarter. Bank of America Corp DE now owns 5,288 shares of the company’s stock worth $206,000 after purchasing an additional 3,021 shares in the last quarter. Finally, MML Investors Services LLC increased its holdings in T. Rowe Price U.S. Equity Research ETF by 273.9% during the 2nd quarter. MML Investors Services LLC now owns 41,080 shares of the company’s stock worth $1,598,000 after purchasing an additional 30,094 shares in the last quarter.

T. Rowe Price U.S. Equity Research ETF Trading Down 0.3%

NYSEARCA TSPA traded down $0.16 on Friday, hitting $46.37. 228,015 shares of the company were exchanged, compared to its average volume of 382,186. The company has a market cap of $2.61 billion, a PE ratio of 26.98 and a beta of 1.01. The stock has a fifty day moving average of $46.52 and a 200-day moving average of $44.07. T. Rowe Price U.S. Equity Research ETF has a 12 month low of $38.47 and a 12 month high of $48.03.

T. Rowe Price U.S. Equity Research ETF Company Profile

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.