T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Update

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 2,540 shares, a decrease of 40.4% from the November 30th total of 4,263 shares. Based on an average trading volume of 7,712 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 7,712 shares, the short-interest ratio is presently 0.3 days.

T. Rowe Price Equity Income ETF Stock Performance

Shares of NYSEARCA:TEQI traded down $0.08 during midday trading on Monday, hitting $45.42. 30,171 shares of the company’s stock traded hands, compared to its average volume of 14,373. The firm’s fifty day moving average price is $44.19 and its two-hundred day moving average price is $43.48. T. Rowe Price Equity Income ETF has a twelve month low of $36.21 and a twelve month high of $45.63. The company has a market cap of $349.73 million, a PE ratio of 17.60 and a beta of 0.85.

Institutional Investors Weigh In On T. Rowe Price Equity Income ETF

Several hedge funds have recently modified their holdings of TEQI. Glass Jacobson Investment Advisors llc boosted its holdings in T. Rowe Price Equity Income ETF by 105.7% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 4,617 shares of the company’s stock worth $196,000 after acquiring an additional 2,373 shares during the period. Ethos Financial Group LLC acquired a new position in shares of T. Rowe Price Equity Income ETF during the second quarter worth $245,000. J.W. Cole Advisors Inc. boosted its stake in shares of T. Rowe Price Equity Income ETF by 6.6% in the second quarter. J.W. Cole Advisors Inc. now owns 6,458 shares of the company’s stock valued at $275,000 after purchasing an additional 400 shares during the period. ORG Partners LLC acquired a new stake in T. Rowe Price Equity Income ETF during the 3rd quarter valued at $403,000. Finally, NewEdge Advisors LLC purchased a new stake in T. Rowe Price Equity Income ETF during the 3rd quarter worth $450,000.

About T. Rowe Price Equity Income ETF

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T. Rowe Price.