T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Up 86.6% in May

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 7,839 shares, a growth of 86.6% from the April 30th total of 4,202 shares. Based on an average daily trading volume, of 2,470 shares, the short-interest ratio is presently 3.2 days. Approximately 0.9% of the shares of the stock are sold short.

T. Rowe Price International Equity Research ETF Stock Performance

TIER opened at $32.28 on Thursday. T. Rowe Price International Equity Research ETF has a one year low of $25.03 and a one year high of $34.50. The firm has a market capitalization of $29.05 million, a PE ratio of -62.08 and a beta of 1.76.

Institutional Trading of T. Rowe Price International Equity Research ETF

An institutional investor recently raised its position in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. lifted its position in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,122 shares of the company’s stock after buying an additional 413 shares during the period. Essex Financial Services Inc. owned approximately 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. 75.94% of the stock is currently owned by institutional investors.