T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Stock Short Interest Falls 63.6%

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 80 shares, a decline of 63.6% from the September 15th total of 220 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 754 shares, the days-to-cover ratio is currently 0.1 days.

T. Rowe Price Hedged Equity ETF Trading Down 0.1%

Shares of NYSEARCA THEQ traded down $0.03 during mid-day trading on Monday, reaching $30.61. The company had a trading volume of 259 shares, compared to its average volume of 4,961. The stock has a market cap of $38.26 million, a price-to-earnings ratio of 24.54 and a beta of 0.67. T. Rowe Price Hedged Equity ETF has a 52 week low of $26.77 and a 52 week high of $31.59. The business’s 50-day moving average is $30.30 and its 200-day moving average is $29.59.

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

A hedge fund recently bought a new position in T. Rowe Price Hedged Equity ETF stock. SageGuard Financial Group LLC bought a new position in shares of T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 25,652 shares of the company’s stock, valued at approximately $699,000. SageGuard Financial Group LLC owned 2.33% of T. Rowe Price Hedged Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About T. Rowe Price Hedged Equity ETF

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.