T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Down 66.6% in July

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,845 shares, a drop of 66.6% from the July 15th total of 8,513 shares. Based on an average trading volume of 3,226 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of T. Rowe Price International Equity Research ETF

A hedge fund recently raised its position in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. boosted its stake in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,122 shares of the company’s stock after buying an additional 413 shares during the quarter. Essex Financial Services Inc. owned approximately 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. 75.94% of the stock is currently owned by institutional investors.

T. Rowe Price International Equity Research ETF Stock Down 0.2%

NYSEARCA TIER traded down $0.05 on Friday, hitting $33.10. The company had a trading volume of 5,505 shares, compared to its average volume of 5,681. The company’s fifty day moving average price is $32.10. The stock has a market capitalization of $36.41 million, a P/E ratio of -63.65 and a beta of 0.88. T. Rowe Price International Equity Research ETF has a 12-month low of $25.92 and a 12-month high of $34.49.