Short Interest in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Drops By 37.4%

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 194,786 shares, a decline of 37.4% from the November 30th total of 311,196 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 877,129 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 877,129 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

T. Rowe Price Capital Appreciation Equity ETF Stock Up 0.0%

Shares of TCAF traded up $0.01 on Friday, reaching $38.54. The stock had a trading volume of 453,976 shares, compared to its average volume of 941,327. The firm has a market capitalization of $6.03 billion, a PE ratio of 29.44 and a beta of 0.91. The firm has a 50-day moving average of $38.37 and a 200 day moving average of $37.13. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $28.28 and a twelve month high of $39.34.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TCAF. True Wealth Design LLC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter worth $26,000. Fifth Third Bancorp purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the 3rd quarter valued at about $36,000. Blue Trust Inc. acquired a new position in T. Rowe Price Capital Appreciation Equity ETF during the third quarter worth about $47,000. Root Financial Partners LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the third quarter valued at about $52,000. Finally, Geneos Wealth Management Inc. grew its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 243.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock valued at $56,000 after purchasing an additional 1,130 shares during the last quarter.

About T. Rowe Price Capital Appreciation Equity ETF

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.