T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Update

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,839 shares, a growth of 86.6% from the April 30th total of 4,202 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 2,470 shares, the days-to-cover ratio is currently 3.2 days.

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

An institutional investor recently raised its position in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. increased its holdings in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 14,122 shares of the company’s stock after buying an additional 413 shares during the quarter. Essex Financial Services Inc. owned about 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 75.94% of the company’s stock.

T. Rowe Price International Equity Research ETF Stock Up 0.4%

TIER opened at $32.28 on Tuesday. The stock has a market capitalization of $29.05 million, a PE ratio of -62.08 and a beta of 1.73. T. Rowe Price International Equity Research ETF has a 1 year low of $25.03 and a 1 year high of $33.15.