T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Short Interest Up 267.5% in June

T. Rowe Price International Equity ETF (NYSEARCA:TOUS) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 111,049 shares, a growth of 267.5% from the May 31st total of 30,215 shares. Based on an average daily volume of 139,516 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are sold short.

T. Rowe Price International Equity ETF Stock Performance

TOUS traded down $0.11 during trading on Friday, reaching $37.84. 222,257 shares of the company traded hands, compared to its average volume of 233,362. The company has a market cap of $1.45 billion, a P/E ratio of 16.46 and a beta of 0.66. T. Rowe Price International Equity ETF has a 12-month low of $31.41 and a 12-month high of $38.71. The firm has a fifty day simple moving average of $37.29 and a 200 day simple moving average of $36.26.

Hedge Funds Weigh In On T. Rowe Price International Equity ETF

Institutional investors have recently bought and sold shares of the stock. Gateway Wealth Partners LLC purchased a new position in T. Rowe Price International Equity ETF during the first quarter valued at $28,831,000. Wealth Alliance LLC lifted its stake in T. Rowe Price International Equity ETF by 233.6% in the 1st quarter. Wealth Alliance LLC now owns 192,603 shares of the company’s stock worth $6,653,000 after purchasing an additional 134,868 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of T. Rowe Price International Equity ETF by 12.1% during the 1st quarter. Cetera Investment Advisers now owns 685,396 shares of the company’s stock valued at $23,674,000 after purchasing an additional 73,770 shares during the last quarter. Thayer Partners LLC MA grew its position in shares of T. Rowe Price International Equity ETF by 20.0% during the first quarter. Thayer Partners LLC MA now owns 11,789 shares of the company’s stock valued at $407,000 after purchasing an additional 1,965 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in shares of T. Rowe Price International Equity ETF during the first quarter valued at about $2,700,000.

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