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 in the month of July. As of July 15th, there was short interest totaling 30,084 shares, a growth of 85.7% from the June 30th total of 16,198 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 32,303 shares, the short-interest ratio is currently 0.9 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in TEQI. M Holdings Securities Inc. acquired a new stake in T. Rowe Price Equity Income ETF during the 4th quarter worth $2,201,000. Integrity Alliance LLC. bought a new position in T. Rowe Price Equity Income ETF during the fourth quarter worth about $460,000. Aprio Wealth Management LLC acquired a new position in T. Rowe Price Equity Income ETF in the fourth quarter valued at about $17,717,000. Ascentis Independent Advisors bought a new stake in shares of T. Rowe Price Equity Income ETF in the first quarter worth about $457,000. Finally, Associated Banc Corp bought a new stake in shares of T. Rowe Price Equity Income ETF in the fourth quarter worth about $1,631,000.

T. Rowe Price Equity Income ETF Stock Down 0.0%

NYSEARCA TEQI traded down $0.02 during trading on Thursday, reaching $51.47. 755 shares of the stock traded hands, compared to its average volume of 13,616. The firm has a market cap of $455.51 million, a price-to-earnings ratio of 17.60 and a beta of 0.76. The stock’s 50-day moving average price is $50.51 and its 200 day moving average price is $48.13. T. Rowe Price Equity Income ETF has a fifty-two week low of $41.53 and a fifty-two week high of $52.47.

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.