T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Shares Shorted: Short Interest Down 50.9% in September

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 63,546 shares, a drop of 50.9% from the September 15th total of 129,417 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 434,449 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On T. Rowe Price U.S. Equity Research ETF

Several hedge funds have recently modified their holdings of the stock. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of T. Rowe Price U.S. Equity Research ETF by 21.7% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,500,432 shares of the company’s stock valued at $72,411,000 after buying an additional 267,715 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in T. Rowe Price U.S. Equity Research ETF in the third quarter valued at about $238,000. Forvis Mazars Wealth Advisors LLC raised its stake in T. Rowe Price U.S. Equity Research ETF by 10.0% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 3,346,333 shares of the company’s stock valued at $161,494,000 after buying an additional 303,401 shares in the last quarter. First Heartland Consultants Inc. acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF in the 3rd quarter valued at about $567,000. Finally, Envestnet Portfolio Solutions Inc. raised its stake in T. Rowe Price U.S. Equity Research ETF by 28.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 10,050 shares of the company’s stock worth $478,000 after acquiring an additional 2,254 shares during the period.

T. Rowe Price U.S. Equity Research ETF Stock Performance

Shares of TSPA traded up $0.15 during trading hours on Thursday, hitting $48.75. The stock had a trading volume of 497,308 shares, compared to its average volume of 377,023. The firm has a market cap of $4.66 billion, a P/E ratio of 26.98 and a beta of 1.01. The company’s fifty day simple moving average is $48.52 and its 200 day simple moving average is $46.92. T. Rowe Price U.S. Equity Research ETF has a 12-month low of $39.53 and a 12-month high of $49.54.

About T. Rowe Price U.S. Equity Research ETF

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.