T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Sees Large Decrease in Short Interest

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,845 shares, a decrease of 66.6% from the July 15th total of 8,513 shares. Based on an average daily volume of 3,226 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Investors Weigh In On T. Rowe Price International Equity Research ETF

A hedge fund recently raised its stake in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. lifted its position in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,122 shares of the company’s stock after purchasing an additional 413 shares during the period. Essex Financial Services Inc. owned about 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 75.94% of the stock is currently owned by institutional investors.

T. Rowe Price International Equity Research ETF Price Performance

Shares of TIER opened at $33.10 on Friday. The stock’s 50-day moving average is $32.14. The firm has a market cap of $36.41 million, a P/E ratio of -63.65 and a beta of 0.88. T. Rowe Price International Equity Research ETF has a fifty-two week low of $25.92 and a fifty-two week high of $34.49.