T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Significant Growth in Short Interest

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 59,147 shares, a growth of 69.9% from the December 31st total of 34,808 shares. Based on an average daily volume of 140,687 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 140,687 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of T. Rowe Price U.S. Equity Research ETF

Several institutional investors and hedge funds have recently bought and sold shares of TSPA. Royal Bank of Canada acquired a new position in T. Rowe Price U.S. Equity Research ETF during the 1st quarter valued at about $1,630,000. True Vision MN LLC acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the second quarter worth approximately $362,000. Bryant Woods Investment Advisors LLC grew its holdings in T. Rowe Price U.S. Equity Research ETF by 46.7% in the 2nd quarter. Bryant Woods Investment Advisors LLC now owns 107,677 shares of the company’s stock worth $4,188,000 after buying an additional 34,266 shares in the last quarter. Welch Group LLC bought a new position in T. Rowe Price U.S. Equity Research ETF in the 2nd quarter worth approximately $359,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of T. Rowe Price U.S. Equity Research ETF in the second quarter worth $400,000.

T. Rowe Price U.S. Equity Research ETF Stock Down 0.6%

Shares of TSPA stock traded down $0.28 during mid-day trading on Friday, hitting $43.46. 143,595 shares of the company’s stock were exchanged, compared to its average volume of 129,365. The stock has a market cap of $2.18 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. T. Rowe Price U.S. Equity Research ETF has a fifty-two week low of $30.28 and a fifty-two week high of $43.89. The stock has a 50-day simple moving average of $43.09 and a two-hundred day simple moving average of $41.87.

T. Rowe Price U.S. Equity Research ETF Company Profile

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.