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

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQGet Free Report) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,598 shares, an increase of 93.2% from the December 31st total of 1,345 shares. Based on an average trading volume of 704 shares, the short-interest ratio is currently 3.7 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 704 shares, the short-interest ratio is currently 3.7 days.

Hedge Funds Weigh In On T. Rowe Price Hedged Equity ETF

A number of large investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new stake in shares of T. Rowe Price Hedged Equity ETF during the 2nd quarter worth $405,000. HighTower Advisors LLC bought a new position in T. Rowe Price Hedged Equity ETF in the 3rd quarter valued at about $4,762,000. Finally, DAVENPORT & Co LLC acquired a new position in shares of T. Rowe Price Hedged Equity ETF in the 4th quarter valued at approximately $354,000.

T. Rowe Price Hedged Equity ETF Price Performance

THEQ stock traded down $0.08 during midday trading on Friday, reaching $28.34. 764 shares of the company were exchanged, compared to its average volume of 858. T. Rowe Price Hedged Equity ETF has a one year low of $22.97 and a one year high of $28.49. The firm has a market capitalization of $34.86 million, a price-to-earnings ratio of 24.54 and a beta of 0.73. The business has a 50-day moving average price of $28.18 and a two-hundred day moving average price of $27.71.

T. Rowe Price Hedged Equity ETF Company Profile

(Get Free Report)

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.

Further Reading

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