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 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 daily volume of 704 shares, the short-interest ratio is presently 3.7 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 704 shares, the short-interest ratio is presently 3.7 days.

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

Hedge funds have recently bought and sold shares of the business. DAVENPORT & Co LLC bought a new stake in shares of T. Rowe Price Hedged Equity ETF during the fourth quarter worth $354,000. Jane Street Group LLC purchased a new position in T. Rowe Price Hedged Equity ETF in the 2nd quarter worth about $405,000. Finally, HighTower Advisors LLC bought a new stake in T. Rowe Price Hedged Equity ETF during the 3rd quarter valued at about $4,762,000.

T. Rowe Price Hedged Equity ETF Trading Down 0.3%

Shares of NYSEARCA:THEQ opened at $28.34 on Friday. T. Rowe Price Hedged Equity ETF has a 12 month low of $22.97 and a 12 month high of $28.49. The company has a market capitalization of $34.86 million, a price-to-earnings ratio of 24.54 and a beta of 0.73. The firm’s 50-day moving average is $28.18 and its 200 day moving average is $27.72.

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.