Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Decreases By 41.5%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 105,671 shares, a drop of 41.5% from the July 15th total of 180,669 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 389,607 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of T. Rowe Price Small-Mid Cap ETF

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in T. Rowe Price Small-Mid Cap ETF by 85.3% in the fourth quarter. LPL Financial LLC now owns 4,307,521 shares of the company’s stock worth $154,640,000 after buying an additional 1,983,521 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of T. Rowe Price Small-Mid Cap ETF by 14.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,861,191 shares of the company’s stock valued at $210,786,000 after buying an additional 723,445 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 129.3% during the 4th quarter. Cetera Investment Advisers now owns 895,710 shares of the company’s stock worth $32,156,000 after acquiring an additional 505,143 shares during the period. Bank of America Corp DE grew its stake in shares of T. Rowe Price Small-Mid Cap ETF by 234.7% during the 1st quarter. Bank of America Corp DE now owns 553,628 shares of the company’s stock worth $20,302,000 after acquiring an additional 388,232 shares during the period. Finally, Captrust Financial Advisors increased its holdings in T. Rowe Price Small-Mid Cap ETF by 55.0% in the 2nd quarter. Captrust Financial Advisors now owns 848,317 shares of the company’s stock worth $27,825,000 after acquiring an additional 300,967 shares during the last quarter.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of NYSEARCA:TMSL opened at $44.77 on Monday. The company has a market capitalization of $2.88 billion, a PE ratio of 18.92 and a beta of 1.09. The business has a fifty day moving average price of $43.06 and a two-hundred day moving average price of $40.47. T. Rowe Price Small-Mid Cap ETF has a 1 year low of $33.46 and a 1 year high of $44.77.

T. Rowe Price Small-Mid Cap ETF Company Profile

The T. Rowe Price Small-Mid Cap ETF (TMSL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on extended market equity. TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics