T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Up 4,334.2% in June

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 18,047 shares, a growth of 4,334.2% from the May 31st total of 407 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average trading volume of 6,893 shares, the days-to-cover ratio is presently 2.6 days.

T. Rowe Price International Equity Research ETF Trading Down 0.7%

Shares of T. Rowe Price International Equity Research ETF stock traded down $0.22 during trading on Friday, reaching $31.91. The company’s stock had a trading volume of 3,607 shares, compared to its average volume of 3,111. The company has a market cap of $28.72 million, a P/E ratio of -61.37 and a beta of -1.60. The firm has a 50-day simple moving average of $31.59. T. Rowe Price International Equity Research ETF has a 52-week low of $25.03 and a 52-week high of $34.49.

Institutional Investors Weigh In On T. Rowe Price International Equity Research ETF

An institutional investor recently raised its position in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. increased its stake in shares of T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,122 shares of the company’s stock after acquiring an additional 413 shares during the quarter. Essex Financial Services Inc. owned approximately 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 75.94% of the stock is currently owned by institutional investors.