T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Sees Significant Decline in Short Interest

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSLGet Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 105,671 shares, a drop of 41.5% from the July 15th total of 180,669 shares. Based on an average trading volume of 389,607 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TMSL. Harbor Investment Advisory LLC bought a new stake in T. Rowe Price Small-Mid Cap ETF in the 2nd quarter worth about $31,000. Arax Advisory Partners bought a new position in shares of T. Rowe Price Small-Mid Cap ETF during the 4th quarter worth approximately $27,000. Bank of Montreal Can purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth approximately $29,000. N.E.W. Advisory Services LLC purchased a new position in shares of T. Rowe Price Small-Mid Cap ETF in the 4th quarter worth approximately $36,000. Finally, National Bank of Canada FI bought a new position in shares of T. Rowe Price Small-Mid Cap ETF in the third quarter valued at approximately $42,000.

T. Rowe Price Small-Mid Cap ETF Stock Performance

TMSL traded up $0.24 during mid-day trading on Wednesday, reaching $44.14. 111,467 shares of the stock were exchanged, compared to its average volume of 392,441. The stock has a market capitalization of $2.84 billion, a PE ratio of 18.92 and a beta of 1.09. The company has a 50 day moving average price of $43.19 and a two-hundred day moving average price of $40.55. T. Rowe Price Small-Mid Cap ETF has a 1 year low of $33.46 and a 1 year high of $44.77.

T. Rowe Price Small-Mid Cap ETF Company Profile

(Get Free Report)

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

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