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

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 23,960 shares, a growth of 218.9% from the February 12th total of 7,513 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 13,997 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 13,997 shares, the short-interest ratio is currently 1.7 days. Currently, 0.3% of the shares of the company are sold short.

T. Rowe Price Equity Income ETF Stock Down 0.3%

Shares of TEQI traded down $0.15 during mid-day trading on Wednesday, reaching $45.50. The company had a trading volume of 2,519 shares, compared to its average volume of 12,955. The stock has a market capitalization of $368.55 million, a P/E ratio of 17.60 and a beta of 0.85. T. Rowe Price Equity Income ETF has a 52-week low of $36.21 and a 52-week high of $47.99. The stock has a 50 day moving average of $46.72 and a two-hundred day moving average of $44.97.

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

Hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of T. Rowe Price Equity Income ETF by 20.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,184,954 shares of the company’s stock valued at $143,865,000 after purchasing an additional 530,853 shares in the last quarter. Aprio Wealth Management LLC purchased a new stake in T. Rowe Price Equity Income ETF during the fourth quarter worth $17,717,000. Jones Financial Companies Lllp boosted its holdings in T. Rowe Price Equity Income ETF by 38.9% during the third quarter. Jones Financial Companies Lllp now owns 142,383 shares of the company’s stock worth $6,245,000 after buying an additional 39,873 shares in the last quarter. Cetera Investment Advisers grew its position in T. Rowe Price Equity Income ETF by 9.3% during the second quarter. Cetera Investment Advisers now owns 127,292 shares of the company’s stock valued at $5,415,000 after buying an additional 10,824 shares during the period. Finally, Lantz Financial LLC increased its holdings in T. Rowe Price Equity Income ETF by 10.2% in the fourth quarter. Lantz Financial LLC now owns 110,219 shares of the company’s stock valued at $4,979,000 after buying an additional 10,212 shares in the last quarter.

T. Rowe Price Equity Income ETF Company Profile

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.