T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Stock Short Interest Drops 50.9%

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 63,546 shares, a decline of 50.9% from the September 15th total of 129,417 shares. Based on an average trading volume of 434,449 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

T. Rowe Price U.S. Equity Research ETF Trading Down 1.4%

Shares of T. Rowe Price U.S. Equity Research ETF stock traded down $0.67 during trading hours on Friday, reaching $48.08. The stock had a trading volume of 216,981 shares, compared to its average volume of 376,113. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 26.98 and a beta of 1.01. T. Rowe Price U.S. Equity Research ETF has a 1 year low of $39.53 and a 1 year high of $49.54. The firm has a 50 day simple moving average of $48.53 and a two-hundred day simple moving average of $46.99.

Hedge Funds Weigh In On T. Rowe Price U.S. Equity Research ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont acquired a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the 2nd quarter valued at approximately $25,000. Mascoma Wealth Management LLC bought a new position in T. Rowe Price U.S. Equity Research ETF in the 1st quarter valued at about $108,000. AdviceOne Advisory Services LLC acquired a new stake in T. Rowe Price U.S. Equity Research ETF in the second quarter worth approximately $233,000. B. Riley Wealth Advisors Inc. bought a new stake in T. Rowe Price U.S. Equity Research ETF in the third quarter worth about $238,000. Finally, Midwest Trust Co bought a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the 1st quarter worth $202,000.

About T. Rowe Price U.S. Equity Research ETF

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.