T. Rowe Price International Equity ETF (NYSEARCA:TOUS) Sees Large Growth in Short Interest

T. Rowe Price International Equity ETF (NYSEARCA:TOUS) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 527,108 shares, a growth of 1,451.4% from the December 31st total of 33,976 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 305,845 shares, the days-to-cover ratio is currently 1.7 days. Based on an average daily volume of 305,845 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.6% of the company’s shares are short sold.

T. Rowe Price International Equity ETF Trading Up 1.5%

Shares of TOUS opened at $36.81 on Wednesday. The stock has a market cap of $1.22 billion, a P/E ratio of 16.46 and a beta of 0.63. T. Rowe Price International Equity ETF has a 1 year low of $25.75 and a 1 year high of $37.21. The stock’s 50-day moving average price is $34.79 and its two-hundred day moving average price is $33.81.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. 4J Wealth Management LLC raised its holdings in T. Rowe Price International Equity ETF by 0.8% in the fourth quarter. 4J Wealth Management LLC now owns 497,448 shares of the company’s stock worth $17,162,000 after purchasing an additional 3,704 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in T. Rowe Price International Equity ETF by 9.2% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 471,289 shares of the company’s stock worth $16,712,000 after buying an additional 39,888 shares during the period. Kingsview Wealth Management LLC acquired a new stake in T. Rowe Price International Equity ETF during the 3rd quarter worth $8,404,000. Jones Financial Companies Lllp lifted its holdings in T. Rowe Price International Equity ETF by 96.5% during the third quarter. Jones Financial Companies Lllp now owns 228,940 shares of the company’s stock worth $7,658,000 after acquiring an additional 112,430 shares in the last quarter. Finally, Smith Moore & CO. grew its stake in T. Rowe Price International Equity ETF by 37.1% in the fourth quarter. Smith Moore & CO. now owns 208,646 shares of the company’s stock valued at $7,198,000 after acquiring an additional 56,422 shares during the period.

About T. Rowe Price International Equity ETF

The T. Rowe Price International Equity ETF (TOUS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on total market equity. TOUS is an actively managed fund that aims to invest in stocks of any capitalization that are attractively priced and perceived to have high potential for growth