T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Down 27.1% in February

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 1,146 shares, a decline of 27.1% from the February 12th total of 1,572 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 1.3 days.

T. Rowe Price Hedged Equity ETF Stock Performance

Shares of NYSEARCA:THEQ traded down $0.07 during trading on Friday, reaching $27.58. The company had a trading volume of 3,259 shares, compared to its average volume of 3,669. The firm’s fifty day moving average is $28.23 and its 200 day moving average is $28.00. The firm has a market capitalization of $33.92 million, a PE ratio of 24.54 and a beta of 0.73. T. Rowe Price Hedged Equity ETF has a twelve month low of $22.97 and a twelve month high of $28.54.

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

A number of institutional investors have recently added to or reduced their stakes in THEQ. HighTower Advisors LLC bought a new position in T. Rowe Price Hedged Equity ETF during the 3rd quarter valued at $4,762,000. Jane Street Group LLC bought a new stake in shares of T. Rowe Price Hedged Equity ETF in the 2nd quarter worth $405,000. Finally, DAVENPORT & Co LLC acquired a new stake in shares of T. Rowe Price Hedged Equity ETF in the fourth quarter valued at $354,000.

T. Rowe Price Hedged Equity ETF Company Profile

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.