T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Update

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,769 shares, a drop of 31.9% from the January 15th total of 2,598 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,107 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 1,107 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.1% of the company’s shares are short sold.

T. Rowe Price Hedged Equity ETF Trading Up 0.1%

THEQ traded up $0.03 during trading on Friday, hitting $28.18. 2,146 shares of the company’s stock were exchanged, compared to its average volume of 2,852. The stock has a 50 day moving average price of $28.21 and a 200 day moving average price of $27.83. T. Rowe Price Hedged Equity ETF has a 1 year low of $22.97 and a 1 year high of $28.51. The firm has a market cap of $34.66 million, a P/E ratio of 24.54 and a beta of 0.73.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in shares of T. Rowe Price Hedged Equity ETF in the second quarter valued at $405,000. HighTower Advisors LLC acquired a new position in T. Rowe Price Hedged Equity ETF in the 3rd quarter worth $4,762,000. Finally, DAVENPORT & Co LLC acquired a new position in T. Rowe Price Hedged Equity ETF in the 4th quarter worth $354,000.

About T. Rowe Price Hedged Equity ETF

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.