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

T. Rowe Price Equity Income ETF (NYSEARCA:TEQIGet Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 30,084 shares, a growth of 85.7% from the June 30th total of 16,198 shares. Based on an average daily volume of 32,303 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.4% of the company’s stock are sold short.

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

Several institutional investors have recently added to or reduced their stakes in TEQI. M Holdings Securities Inc. acquired a new position in T. Rowe Price Equity Income ETF in the 4th quarter worth $2,201,000. Integrity Alliance LLC. bought a new position in T. Rowe Price Equity Income ETF during the 4th quarter worth about $460,000. Aprio Wealth Management LLC acquired a new stake in shares of T. Rowe Price Equity Income ETF in the 4th quarter valued at about $17,717,000. Ascentis Independent Advisors acquired a new stake in shares of T. Rowe Price Equity Income ETF in the 1st quarter valued at about $457,000. Finally, Associated Banc Corp bought a new stake in shares of T. Rowe Price Equity Income ETF in the fourth quarter valued at about $1,631,000.

T. Rowe Price Equity Income ETF Stock Performance

TEQI stock traded down $0.02 during mid-day trading on Thursday, hitting $51.47. 755 shares of the company were exchanged, compared to its average volume of 13,616. The firm has a market cap of $455.51 million, a P/E ratio of 17.60 and a beta of 0.76. The firm’s 50 day simple moving average is $50.51 and its 200 day simple moving average is $48.13. T. Rowe Price Equity Income ETF has a 1-year low of $41.53 and a 1-year high of $52.47.

About T. Rowe Price Equity Income ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for T. Rowe Price Equity Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Equity Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.