Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Declines By 39.1%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 113,934 shares, a drop of 39.1% from the May 14th total of 187,010 shares. Based on an average daily volume of 307,790 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

T. Rowe Price Small-Mid Cap ETF Trading Up 1.1%

NYSEARCA TMSL traded up $0.46 during mid-day trading on Monday, hitting $43.10. The company’s stock had a trading volume of 440,734 shares, compared to its average volume of 372,142. The company’s 50 day simple moving average is $40.36 and its 200 day simple moving average is $38.43. T. Rowe Price Small-Mid Cap ETF has a twelve month low of $31.71 and a twelve month high of $43.66. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.92 and a beta of 1.12.

Institutional Trading of T. Rowe Price Small-Mid Cap ETF

Several hedge funds have recently bought and sold shares of TMSL. Wealth Enhancement Advisory Services LLC boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 8.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 898,723 shares of the company’s stock worth $33,576,000 after acquiring an additional 66,565 shares during the last quarter. HighTower Advisors LLC boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 32.7% during the 3rd quarter. HighTower Advisors LLC now owns 62,343 shares of the company’s stock worth $2,193,000 after acquiring an additional 15,369 shares during the last quarter. Centaurus Financial Inc. boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 14.6% during the 3rd quarter. Centaurus Financial Inc. now owns 147,621 shares of the company’s stock worth $5,192,000 after acquiring an additional 18,823 shares during the last quarter. Atlas Wealth LLC boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 43.6% during the 4th quarter. Atlas Wealth LLC now owns 103,991 shares of the company’s stock worth $3,733,000 after acquiring an additional 31,581 shares during the last quarter. Finally, Asio Capital LLC boosted its holdings in T. Rowe Price Small-Mid Cap ETF by 10.7% during the 4th quarter. Asio Capital LLC now owns 466,939 shares of the company’s stock worth $16,763,000 after acquiring an additional 45,045 shares during the last quarter.

About T. Rowe Price Small-Mid Cap ETF

The T. Rowe Price Small-Mid Cap ETF (TMSL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on extended market equity. TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics