T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Sees Large Increase in Short Interest

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 3,985 shares, an increase of 201.2% from the January 15th total of 1,323 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,553 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 8,553 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of T. Rowe Price Equity Income ETF

Several large investors have recently made changes to their positions in TEQI. Aprio Wealth Management LLC bought a new position in T. Rowe Price Equity Income ETF in the fourth quarter valued at about $17,717,000. Jones Financial Companies Lllp increased its position in T. Rowe Price Equity Income ETF by 38.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 142,383 shares of the company’s stock valued at $6,245,000 after acquiring an additional 39,873 shares during the period. Cetera Investment Advisers raised its stake in shares of T. Rowe Price Equity Income ETF by 9.3% during the second quarter. Cetera Investment Advisers now owns 127,292 shares of the company’s stock valued at $5,415,000 after acquiring an additional 10,824 shares during the last quarter. Lantz Financial LLC grew its stake in shares of T. Rowe Price Equity Income ETF by 10.2% in the fourth quarter. Lantz Financial LLC now owns 110,219 shares of the company’s stock worth $4,979,000 after purchasing an additional 10,212 shares during the last quarter. Finally, Landaas & Co. WI ADV increased its holdings in T. Rowe Price Equity Income ETF by 6.1% in the fourth quarter. Landaas & Co. WI ADV now owns 99,032 shares of the company’s stock valued at $4,473,000 after purchasing an additional 5,668 shares during the period.

T. Rowe Price Equity Income ETF Price Performance

NYSEARCA TEQI opened at $47.99 on Thursday. T. Rowe Price Equity Income ETF has a one year low of $36.21 and a one year high of $47.93. The stock’s 50 day simple moving average is $45.98 and its 200 day simple moving average is $44.37. The firm has a market cap of $388.69 million, a PE ratio of 17.60 and a beta of 0.85.

About T. Rowe Price Equity Income ETF

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T. Rowe Price.