T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Up 430.5% in July

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 517,512 shares, a growth of 430.5% from the June 30th total of 97,546 shares. Based on an average trading volume of 549,838 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the shares of the company are sold short.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

T. Rowe Price Capital Appreciation Equity ETF stock traded down $0.03 during mid-day trading on Friday, reaching $40.81. 378,354 shares of the stock traded hands, compared to its average volume of 811,584. T. Rowe Price Capital Appreciation Equity ETF has a 12-month low of $34.43 and a 12-month high of $41.93. The business’s 50-day moving average is $40.75 and its 200-day moving average is $38.84. The stock has a market capitalization of $7.83 billion, a PE ratio of 29.44 and a beta of 0.94.

Institutional Investors Weigh In On T. Rowe Price Capital Appreciation Equity ETF

A number of large investors have recently made changes to their positions in TCAF. Huntington National Bank bought a new stake in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at about $32,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter worth approximately $40,000. Dougherty Wealth Advisers LLC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at approximately $50,000. Rossby Financial LCC bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF during the 4th quarter valued at approximately $54,000. Finally, Geneos Wealth Management Inc. grew its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 243.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock valued at $56,000 after purchasing an additional 1,130 shares in the last quarter.

About T. Rowe Price Capital Appreciation Equity ETF

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.