Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Grows By 153.3%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 128,308 shares, an increase of 153.3% from the August 15th total of 50,664 shares. Based on an average trading volume of 426,985 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On T. Rowe Price Small-Mid Cap ETF

Several large investors have recently modified their holdings of TMSL. Harbor Investment Advisory LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 2nd quarter valued at about $31,000. Signature Equity Partners LLC increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 187.2% in the first quarter. Signature Equity Partners LLC now owns 1,967 shares of the company’s stock worth $72,000 after purchasing an additional 1,282 shares during the last quarter. RMG Wealth Management LLC bought a new position in shares of T. Rowe Price Small-Mid Cap ETF in the first quarter worth approximately $84,000. Lloyd Advisory Services LLC. purchased a new stake in T. Rowe Price Small-Mid Cap ETF in the fourth quarter valued at approximately $88,000. Finally, Axxcess Wealth Management LLC purchased a new stake in T. Rowe Price Small-Mid Cap ETF in the fourth quarter valued at approximately $203,000.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of TMSL traded down $0.29 during trading hours on Tuesday, hitting $41.25. The stock had a trading volume of 133,871 shares, compared to its average volume of 392,456. T. Rowe Price Small-Mid Cap ETF has a 1-year low of $33.48 and a 1-year high of $44.77. The firm has a market capitalization of $2.66 billion, a P/E ratio of 18.92 and a beta of 1.09. The firm has a 50 day simple moving average of $43.11 and a 200-day simple moving average of $41.07.

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