T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Sees Large Decline in Short Interest

T. Rowe Price International Equity ETF (NYSEARCA:TOUS) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 42,747 shares, a drop of 61.5% from the June 15th total of 111,049 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 248,110 shares, the days-to-cover ratio is currently 0.2 days.

T. Rowe Price International Equity ETF Stock Up 0.7%

TOUS stock traded up $0.26 during mid-day trading on Tuesday, hitting $38.31. 164,083 shares of the company were exchanged, compared to its average volume of 226,757. The firm has a market capitalization of $1.54 billion, a P/E ratio of 16.46 and a beta of 0.66. The business has a fifty day simple moving average of $37.74 and a 200-day simple moving average of $36.57. T. Rowe Price International Equity ETF has a 12-month low of $31.41 and a 12-month high of $38.95.

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

Several institutional investors have recently modified their holdings of TOUS. Price T Rowe Associates Inc. MD boosted its holdings in T. Rowe Price International Equity ETF by 8.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 17,060,502 shares of the company’s stock valued at $589,063,000 after purchasing an additional 1,302,570 shares during the period. Gateway Wealth Partners LLC acquired a new position in T. Rowe Price International Equity ETF during the 1st quarter worth $28,831,000. Wells Fargo & Company MN increased its holdings in T. Rowe Price International Equity ETF by 4,495.7% during the 4th quarter. Wells Fargo & Company MN now owns 635,821 shares of the company’s stock worth $21,936,000 after purchasing an additional 621,986 shares during the period. LPL Financial LLC increased its holdings in T. Rowe Price International Equity ETF by 31.1% during the 4th quarter. LPL Financial LLC now owns 2,163,362 shares of the company’s stock worth $74,636,000 after purchasing an additional 513,769 shares during the period. Finally, Kingsview Wealth Management LLC raised its position in T. Rowe Price International Equity ETF by 130.0% in the 4th quarter. Kingsview Wealth Management LLC now owns 574,836 shares of the company’s stock valued at $19,832,000 after purchasing an additional 324,872 shares in the last quarter.

About T. Rowe Price International Equity ETF

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