Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Expands By 155.9%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 291,609 shares, an increase of 155.9% from the May 31st total of 113,934 shares. Based on an average daily volume of 281,629 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the shares of the company are sold short.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of NYSEARCA TMSL opened at $43.12 on Monday. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.92 and a beta of 1.12. The firm’s 50 day simple moving average is $41.29 and its 200-day simple moving average is $38.92. T. Rowe Price Small-Mid Cap ETF has a 12 month low of $32.35 and a 12 month high of $43.79.

Institutional Trading of T. Rowe Price Small-Mid Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TMSL. Arax Advisory Partners purchased a new position in T. Rowe Price Small-Mid Cap ETF in the fourth quarter valued at $27,000. Bank of Montreal Can purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 4th quarter worth about $29,000. N.E.W. Advisory Services LLC purchased a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 4th quarter worth about $36,000. National Bank of Canada FI acquired a new stake in shares of T. Rowe Price Small-Mid Cap ETF during the 3rd quarter valued at about $42,000. Finally, Signature Equity Partners LLC grew its position in shares of T. Rowe Price Small-Mid Cap ETF by 187.2% during the 1st quarter. Signature Equity Partners LLC now owns 1,967 shares of the company’s stock valued at $72,000 after acquiring an additional 1,282 shares during the period.

T. Rowe Price Small-Mid Cap ETF Company Profile

The T. Rowe Price Small-Mid Cap ETF (TMSL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on extended market equity. TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics