T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Sees Significant Growth in Short Interest

T. Rowe Price International Equity ETF (NYSEARCA:TOUS) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 30,215 shares, a growth of 91.5% from the May 14th total of 15,782 shares. Based on an average daily trading volume, of 191,125 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

T. Rowe Price International Equity ETF Stock Performance

Shares of T. Rowe Price International Equity ETF stock traded up $0.10 on Friday, hitting $38.03. The stock had a trading volume of 98,837 shares, compared to its average volume of 232,363. The stock has a 50 day moving average of $36.87 and a 200 day moving average of $35.99. T. Rowe Price International Equity ETF has a twelve month low of $30.99 and a twelve month high of $38.18. The firm has a market capitalization of $1.46 billion, a P/E ratio of 16.46 and a beta of 0.66.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TOUS. Price T Rowe Associates Inc. MD increased its stake in shares of T. Rowe Price International Equity ETF by 8.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,060,502 shares of the company’s stock valued at $589,063,000 after buying an additional 1,302,570 shares during the period. Gateway Wealth Partners LLC acquired a new position in shares of T. Rowe Price International Equity ETF in the first quarter valued at approximately $28,831,000. Wells Fargo & Company MN increased its stake in shares of T. Rowe Price International Equity ETF by 4,495.7% in the fourth quarter. Wells Fargo & Company MN now owns 635,821 shares of the company’s stock valued at $21,936,000 after buying an additional 621,986 shares during the period. LPL Financial LLC increased its stake in shares of T. Rowe Price International Equity ETF by 31.1% in the fourth quarter. LPL Financial LLC now owns 2,163,362 shares of the company’s stock valued at $74,636,000 after buying an additional 513,769 shares during the period. Finally, Kingsview Wealth Management LLC increased its stake in shares of T. Rowe Price International Equity ETF by 130.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 574,836 shares of the company’s stock valued at $19,832,000 after buying an additional 324,872 shares during the period.

T. Rowe Price International Equity ETF Company Profile

The T. Rowe Price International Equity ETF (TOUS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on total market equity. TOUS is an actively managed fund that aims to invest in stocks of any capitalization that are attractively priced and perceived to have high potential for growth