T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Update

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totaling 1,323 shares, a decrease of 81.9% from the December 31st total of 7,328 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 21,230 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 21,230 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On T. Rowe Price Equity Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. J.W. Cole Advisors Inc. boosted its stake in T. Rowe Price Equity Income ETF by 6.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 6,458 shares of the company’s stock valued at $275,000 after acquiring an additional 400 shares during the last quarter. CWM LLC raised its stake in shares of T. Rowe Price Equity Income ETF by 1.3% in the 4th quarter. CWM LLC now owns 78,261 shares of the company’s stock valued at $3,535,000 after purchasing an additional 981 shares in the last quarter. ORG Partners LLC lifted its position in shares of T. Rowe Price Equity Income ETF by 10.7% during the fourth quarter. ORG Partners LLC now owns 10,172 shares of the company’s stock worth $459,000 after purchasing an additional 985 shares during the last quarter. Triangle Securities Wealth Management raised its stake in T. Rowe Price Equity Income ETF by 7.6% during the third quarter. Triangle Securities Wealth Management now owns 15,499 shares of the company’s stock valued at $680,000 after buying an additional 1,089 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in T. Rowe Price Equity Income ETF by 11.4% during the 1st quarter. Royal Bank of Canada now owns 17,424 shares of the company’s stock worth $730,000 after buying an additional 1,782 shares during the last quarter.

T. Rowe Price Equity Income ETF Stock Performance

Shares of NYSEARCA:TEQI traded down $0.22 during midday trading on Tuesday, hitting $46.35. 12,111 shares of the company’s stock traded hands, compared to its average volume of 16,371. The firm’s fifty day moving average price is $45.25 and its two-hundred day moving average price is $44.05. The company has a market cap of $375.44 million, a PE ratio of 17.60 and a beta of 0.85. T. Rowe Price Equity Income ETF has a twelve month low of $36.21 and a twelve month high of $46.69.

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. Rowe Price.