T. Rowe Price Value ETF (NYSEARCA:TVAL) Short Interest Update

T. Rowe Price Value ETF (NYSEARCA:TVAL) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 35,321 shares, an increase of 146.3% from the May 31st total of 14,339 shares. Based on an average trading volume of 54,002 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

T. Rowe Price Value ETF Price Performance

TVAL stock traded up $0.15 during midday trading on Monday, reaching $41.55. 38,197 shares of the company were exchanged, compared to its average volume of 102,258. T. Rowe Price Value ETF has a one year low of $32.26 and a one year high of $41.79. The firm has a market capitalization of $720.89 million, a price-to-earnings ratio of 20.80 and a beta of 0.81. The business has a 50-day moving average price of $40.23 and a two-hundred day moving average price of $37.91.

Institutional Trading of T. Rowe Price Value ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. grew its stake in T. Rowe Price Value ETF by 18.5% in the 2nd quarter. Raymond James Financial Inc. now owns 69,806 shares of the company’s stock valued at $2,292,000 after buying an additional 10,887 shares during the last quarter. Jane Street Group LLC acquired a new stake in T. Rowe Price Value ETF during the second quarter worth approximately $283,000. Envestnet Asset Management Inc. boosted its holdings in shares of T. Rowe Price Value ETF by 26.7% during the third quarter. Envestnet Asset Management Inc. now owns 45,828 shares of the company’s stock worth $1,563,000 after acquiring an additional 9,667 shares during the period. Citadel Advisors LLC bought a new stake in shares of T. Rowe Price Value ETF during the third quarter worth approximately $1,339,000. Finally, Hopwood Financial Services Inc. grew its position in shares of T. Rowe Price Value ETF by 40.8% in the fourth quarter. Hopwood Financial Services Inc. now owns 37,112 shares of the company’s stock valued at $1,307,000 after purchasing an additional 10,756 shares during the last quarter.

About T. Rowe Price Value ETF

The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser