T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Significant Increase in Short Interest

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 215,008 shares, an increase of 46.7% from the February 26th total of 146,555 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 753,480 shares, the short-interest ratio is presently 0.3 days.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of TCAF stock traded down $0.66 on Friday, reaching $34.55. The stock had a trading volume of 822,726 shares, compared to its average volume of 964,490. T. Rowe Price Capital Appreciation Equity ETF has a 1 year low of $28.28 and a 1 year high of $39.34. The stock has a market cap of $5.85 billion, a P/E ratio of 29.44 and a beta of 0.91. The company has a 50 day simple moving average of $37.30 and a 200 day simple moving average of $37.87.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

Large investors have recently made changes to their positions in the company. Creative Planning increased its position in shares of T. Rowe Price Capital Appreciation Equity ETF by 26.7% during the 2nd quarter. Creative Planning now owns 24,673 shares of the company’s stock valued at $870,000 after purchasing an additional 5,199 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in T. Rowe Price Capital Appreciation Equity ETF during the second quarter valued at approximately $2,049,000. Steward Partners Investment Advisory LLC increased its holdings in T. Rowe Price Capital Appreciation Equity ETF by 13.8% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,653 shares of the company’s stock valued at $129,000 after buying an additional 443 shares during the last quarter. XTX Topco Ltd purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF during the second quarter valued at approximately $234,000. Finally, J.W. Cole Advisors Inc. raised its position in T. Rowe Price Capital Appreciation Equity ETF by 84.0% in the second quarter. J.W. Cole Advisors Inc. now owns 43,884 shares of the company’s stock worth $1,548,000 after acquiring an additional 20,032 shares during the period.

About T. Rowe Price Capital Appreciation Equity ETF

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.