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

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 10,673 shares, an increase of 139.7% from the June 30th total of 4,453 shares. Based on an average daily trading volume, of 3,037 shares, the days-to-cover ratio is currently 3.5 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Trading of T. Rowe Price Hedged Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of THEQ. Jane Street Group LLC bought a new stake in T. Rowe Price Hedged Equity ETF during the 2nd quarter worth $405,000. DAVENPORT & Co LLC acquired a new stake in T. Rowe Price Hedged Equity ETF during the 4th quarter valued at approximately $354,000. HighTower Advisors LLC increased its position in shares of T. Rowe Price Hedged Equity ETF by 2.0% during the fourth quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock worth $4,881,000 after buying an additional 3,469 shares during the period. Finally, SageGuard Financial Group LLC acquired a new stake in T. Rowe Price Hedged Equity ETF during the 1st quarter worth about $699,000.

T. Rowe Price Hedged Equity ETF Stock Up 0.2%

Shares of NYSEARCA:THEQ opened at $29.54 on Tuesday. The firm has a market cap of $36.92 million, a PE ratio of 24.54 and a beta of 0.65. The company’s 50 day moving average price is $29.73 and its two-hundred day moving average price is $28.79. T. Rowe Price Hedged Equity ETF has a 12-month low of $26.36 and a 12-month high of $31.59.

T. Rowe Price Hedged Equity ETF Company Profile

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.