T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Short Interest Up 129.0% in May

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 187,010 shares, a growth of 129.0% from the April 30th total of 81,656 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 639,047 shares, the days-to-cover ratio is currently 0.3 days.

T. Rowe Price Small-Mid Cap ETF Price Performance

T. Rowe Price Small-Mid Cap ETF stock traded down $0.12 during trading hours on Tuesday, reaching $41.54. The stock had a trading volume of 474,328 shares, compared to its average volume of 382,806. The company has a market cap of $1.97 billion, a price-to-earnings ratio of 18.92 and a beta of 1.13. The business’s 50 day moving average price is $39.45 and its 200-day moving average price is $37.97. T. Rowe Price Small-Mid Cap ETF has a 52 week low of $31.14 and a 52 week high of $42.20.

Institutional Trading of T. Rowe Price Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Seamount Financial Group Inc. lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 2.0% during the 4th quarter. Seamount Financial Group Inc. now owns 15,149 shares of the company’s stock valued at $544,000 after purchasing an additional 290 shares during the last quarter. MSH Capital Advisors LLC lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 3.3% during the 4th quarter. MSH Capital Advisors LLC now owns 12,243 shares of the company’s stock valued at $440,000 after purchasing an additional 386 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 5.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,911 shares of the company’s stock valued at $284,000 after purchasing an additional 443 shares during the last quarter. Thoroughbred Financial Services LLC lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 5.1% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 9,310 shares of the company’s stock valued at $327,000 after purchasing an additional 450 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of T. Rowe Price Small-Mid Cap ETF by 0.4% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 145,929 shares of the company’s stock valued at $5,132,000 after purchasing an additional 514 shares during the last quarter.

About T. Rowe Price Small-Mid Cap ETF

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