Short Interest in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Rises By 494.4%

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 16,911 shares, an increase of 494.4% from the July 30th total of 2,845 shares. Based on an average daily volume of 26,513 shares, the short-interest ratio is presently 0.6 days. Currently, 1.5% of the shares of the company are sold short.

Institutional Investors 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. grew its holdings in shares of T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,122 shares of the company’s stock after purchasing an additional 413 shares during the quarter. Essex Financial Services Inc. owned about 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 75.94% of the company’s stock.

T. Rowe Price International Equity Research ETF Price Performance

Shares of TIER remained flat at $33.05 during mid-day trading on Friday. The company’s stock had a trading volume of 8,257 shares, compared to its average volume of 5,595. T. Rowe Price International Equity Research ETF has a 52-week low of $25.92 and a 52-week high of $34.49. The firm has a 50 day moving average price of $32.31. The stock has a market cap of $36.35 million, a P/E ratio of -63.56 and a beta of 0.88.