T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Short Interest Down 52.1% in August

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 50,664 shares, a drop of 52.1% from the July 30th total of 105,671 shares. Based on an average trading volume of 460,107 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

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

A number of hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in T. Rowe Price Small-Mid Cap ETF in the first quarter valued at approximately $698,000. IHT Wealth Management LLC acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 2nd quarter worth approximately $334,000. Captrust Financial Advisors grew its position in shares of T. Rowe Price Small-Mid Cap ETF by 55.0% during the 2nd quarter. Captrust Financial Advisors now owns 848,317 shares of the company’s stock worth $27,825,000 after buying an additional 300,967 shares during the period. Corient Private Wealth LLC grew its position in shares of T. Rowe Price Small-Mid Cap ETF by 3.6% during the 2nd quarter. Corient Private Wealth LLC now owns 236,612 shares of the company’s stock worth $7,761,000 after buying an additional 8,222 shares during the period. Finally, Natixis Advisors LLC bought a new stake in shares of T. Rowe Price Small-Mid Cap ETF in the 3rd quarter valued at $426,000.

T. Rowe Price Small-Mid Cap ETF Stock Performance

Shares of TMSL stock traded down $0.24 during mid-day trading on Monday, hitting $42.60. The company’s stock had a trading volume of 384,502 shares, compared to its average volume of 395,626. The company has a market cap of $2.74 billion, a PE ratio of 18.92 and a beta of 1.09. The company’s fifty day simple moving average is $43.35 and its 200-day simple moving average is $40.84. T. Rowe Price Small-Mid Cap ETF has a 52 week low of $33.48 and a 52 week high of $44.77.

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