T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Short Interest Up 69.9% in January

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 59,147 shares, an increase of 69.9% from the December 31st total of 34,808 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 140,687 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 140,687 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

T. Rowe Price U.S. Equity Research ETF Stock Performance

Shares of NYSEARCA:TSPA traded down $0.28 during midday trading on Friday, reaching $43.46. 143,595 shares of the company’s stock traded hands, compared to its average volume of 129,365. The stock has a 50 day moving average of $43.09 and a 200 day moving average of $41.89. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. T. Rowe Price U.S. Equity Research ETF has a one year low of $30.28 and a one year high of $43.89.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. JFS Wealth Advisors LLC acquired a new stake in T. Rowe Price U.S. Equity Research ETF in the third quarter valued at approximately $28,000. Clear Investment Research LLC acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 3rd quarter worth approximately $36,000. Carolina Wealth Advisors LLC purchased a new position in T. Rowe Price U.S. Equity Research ETF during the fourth quarter valued at $44,000. Osaic Holdings Inc. increased its position in shares of T. Rowe Price U.S. Equity Research ETF by 498.0% during the second quarter. Osaic Holdings Inc. now owns 1,196 shares of the company’s stock worth $47,000 after purchasing an additional 996 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in T. Rowe Price U.S. Equity Research ETF during the 2nd quarter valued at about $51,000.

About T. Rowe Price U.S. Equity Research ETF

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.