Short Interest in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Rises By 4,334.2%

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 18,047 shares, an increase of 4,334.2% from the May 31st total of 407 shares. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,893 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Trading of 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. grew its stake in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,122 shares of the company’s stock after purchasing an additional 413 shares during the quarter. Essex Financial Services Inc. owned approximately 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 75.94% of the company’s stock.

T. Rowe Price International Equity Research ETF Price Performance

T. Rowe Price International Equity Research ETF stock traded up $0.28 during trading on Thursday, reaching $32.13. The company had a trading volume of 730 shares, compared to its average volume of 3,107. The company has a 50-day moving average of $31.57. T. Rowe Price International Equity Research ETF has a 1-year low of $25.03 and a 1-year high of $34.49. The company has a market capitalization of $28.92 million, a price-to-earnings ratio of -61.79 and a beta of 1.51.