T. Rowe Price Technology ETF (NASDAQ:TTEQ) Short Interest Up 632.4% in January

T. Rowe Price Technology ETF (NASDAQ:TTEQ) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 204,134 shares, a growth of 632.4% from the December 31st total of 27,871 shares. Approximately 5.4% of the company’s shares are short sold. Based on an average daily trading volume, of 49,943 shares, the days-to-cover ratio is presently 4.1 days. Based on an average daily trading volume, of 49,943 shares, the days-to-cover ratio is presently 4.1 days. Approximately 5.4% of the company’s shares are short sold.

Institutional Trading of T. Rowe Price Technology ETF

A number of large investors have recently made changes to their positions in TTEQ. Northwestern Mutual Wealth Management Co. bought a new stake in T. Rowe Price Technology ETF during the 2nd quarter worth about $27,000. Private Trust Co. NA acquired a new position in T. Rowe Price Technology ETF during the fourth quarter valued at approximately $39,000. Ameriflex Group Inc. bought a new position in T. Rowe Price Technology ETF in the second quarter valued at approximately $64,000. Essex Financial Services Inc. bought a new position in T. Rowe Price Technology ETF in the third quarter valued at approximately $202,000. Finally, Bluesphere Advisors LLC acquired a new position in shares of T. Rowe Price Technology ETF during the 3rd quarter worth approximately $267,000.

T. Rowe Price Technology ETF Stock Up 1.3%

T. Rowe Price Technology ETF stock traded up $0.44 during midday trading on Tuesday, hitting $33.81. 54,039 shares of the stock were exchanged, compared to its average volume of 53,814. The company has a fifty day simple moving average of $32.76 and a two-hundred day simple moving average of $32.02. T. Rowe Price Technology ETF has a 52 week low of $19.83 and a 52 week high of $35.02. The stock has a market capitalization of $128.48 million, a PE ratio of 36.82 and a beta of 1.84.

T. Rowe Price Technology ETF Company Profile

The T. Rowe Price Technology ETF (TTEQ) is an exchange-traded fund. The ETF currently has 28.34m in AUM and 56 holdings. TTEQ is actively managed, seeking long-term capital growth by investing in large-cap technology companies globally and those whose market share is largely based on their technology capabilities. TTEQ was launched on Oct 23, 2024 and is issued by T. Rowe Price.