T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Stock Short Interest Report for October

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 6,441 shares, a decline of 69.5% from the October 15th total of 21,114 shares. Based on an average daily trading volume, of 8,986 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Integrity Alliance LLC. bought a new stake in T. Rowe Price Equity Income ETF during the third quarter worth approximately $681,000. Beaumont Financial Advisors LLC purchased a new stake in T. Rowe Price Equity Income ETF during the third quarter valued at approximately $24,228,000. Landaas & Co. WI ADV bought a new stake in shares of T. Rowe Price Equity Income ETF in the 3rd quarter valued at approximately $13,063,000. D.A. Davidson & CO. bought a new stake in shares of T. Rowe Price Equity Income ETF in the 3rd quarter valued at approximately $672,000. Finally, Associated Banc Corp bought a new stake in shares of T. Rowe Price Equity Income ETF in the 3rd quarter valued at approximately $2,284,000.

T. Rowe Price Equity Income ETF Price Performance

Shares of NYSEARCA TEQI traded up $0.22 during mid-day trading on Friday, hitting $53.85. 13,268 shares of the company’s stock traded hands, compared to its average volume of 17,462. The company’s 50-day moving average is $52.16 and its two-hundred day moving average is $49.79. The company has a market capitalization of $481.42 million, a P/E ratio of 18.61 and a beta of 0.77. T. Rowe Price Equity Income ETF has a 1 year low of $42.44 and a 1 year high of $54.51.

T. Rowe Price Equity Income ETF Company Profile

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. Rowe Price.