T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Down 56.7% in July

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 8,513 shares, a drop of 56.7% from the June 30th total of 19,653 shares. Based on an average daily trading volume, of 20,147 shares, the short-interest ratio is currently 0.4 days. Approximately 0.8% of the shares of the company are sold short.

T. Rowe Price International Equity Research ETF Stock Down 0.7%

TIER stock traded down $0.22 during mid-day trading on Tuesday, reaching $31.38. The company had a trading volume of 2,508 shares, compared to its average volume of 4,278. T. Rowe Price International Equity Research ETF has a one year low of $25.03 and a one year high of $34.49. The firm has a market capitalization of $34.52 million, a PE ratio of -60.35 and a beta of 1.47. The business has a 50-day moving average price of $31.98.

Institutional Trading of T. Rowe Price International Equity Research ETF

A hedge fund recently raised its stake in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. raised its position in shares of T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,122 shares of the company’s stock after purchasing an additional 413 shares during the period. Essex Financial Services Inc. owned 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.