T. Rowe Price Technology ETF (NASDAQ:TTEQ) Stock Short Interest Jumps 251.5%

T. Rowe Price Technology ETF (NASDAQ:TTEQ) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 110,999 shares, a growth of 251.5% from the September 15th total of 31,579 shares. Based on an average daily volume of 99,023 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the company’s shares are sold short.

Institutional Trading of T. Rowe Price Technology ETF

Large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC boosted its position in T. Rowe Price Technology ETF by 5.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 56,271 shares of the company’s stock worth $2,510,000 after acquiring an additional 2,959 shares during the last quarter. PCG Wealth Advisors LLC raised its holdings in shares of T. Rowe Price Technology ETF by 13.3% in the second quarter. PCG Wealth Advisors LLC now owns 23,692 shares of the company’s stock valued at $1,057,000 after purchasing an additional 2,777 shares during the last quarter. Wealthcare Capital Partners LLC lifted its position in shares of T. Rowe Price Technology ETF by 4.1% in the second quarter. Wealthcare Capital Partners LLC now owns 10,677 shares of the company’s stock worth $476,000 after purchasing an additional 422 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of T. Rowe Price Technology ETF in the first quarter worth $45,000. Finally, Cetera Investment Advisers boosted its holdings in T. Rowe Price Technology ETF by 13.1% during the first quarter. Cetera Investment Advisers now owns 29,142 shares of the company’s stock worth $882,000 after purchasing an additional 3,384 shares during the last quarter.

T. Rowe Price Technology ETF Stock Down 1.8%

T. Rowe Price Technology ETF stock traded down $0.83 during midday trading on Monday, hitting $44.02. 37,510 shares of the stock were exchanged, compared to its average volume of 98,242. T. Rowe Price Technology ETF has a 52 week low of $28.69 and a 52 week high of $46.42. The stock has a market capitalization of $494.36 million, a PE ratio of 36.82 and a beta of 1.84. The company has a fifty day simple moving average of $42.68 and a two-hundred day simple moving average of $40.52.

About T. Rowe Price Technology ETF

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.