T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Sees Large Growth in Short Interest

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 6,200 shares, agrowthof55.0% from the July 15th total of 4,000 shares. Approximately0.1% of the company’s stock are sold short. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 9,600 shares, the short-interest ratio is currently 0.6 days. Approximately0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD lifted its position in T. Rowe Price Equity Income ETF by 12.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,404,101 shares of the company’s stock worth $100,665,000 after acquiring an additional 270,000 shares during the last quarter. Stifel Financial Corp lifted its position in T. Rowe Price Equity Income ETF by 140.4% during the 4th quarter. Stifel Financial Corp now owns 186,340 shares of the company’s stock worth $7,558,000 after acquiring an additional 108,832 shares during the last quarter. Cetera Investment Advisers lifted its position in T. Rowe Price Equity Income ETF by 9.3% during the 2nd quarter. Cetera Investment Advisers now owns 127,292 shares of the company’s stock worth $5,415,000 after acquiring an additional 10,824 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in T. Rowe Price Equity Income ETF during the 1st quarter worth $5,201,000. Finally, Lantz Financial LLC lifted its position in T. Rowe Price Equity Income ETF by 8.9% during the 2nd quarter. Lantz Financial LLC now owns 94,136 shares of the company’s stock worth $4,005,000 after acquiring an additional 7,701 shares during the last quarter.

T. Rowe Price Equity Income ETF Price Performance

T. Rowe Price Equity Income ETF stock opened at $43.44 on Thursday. The firm has a market cap of $327.97 million, a price-to-earnings ratio of 17.60 and a beta of 0.88. T. Rowe Price Equity Income ETF has a fifty-two week low of $36.21 and a fifty-two week high of $43.65. The firm has a fifty day moving average price of $42.58 and a two-hundred day moving average price of $41.59.

About T. Rowe Price Equity Income ETF

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T.