T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Up 94.4% in June

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 14,275 shares, a growth of 94.4% from the May 31st total of 7,344 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 7,569 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Trading of T. Rowe Price Equity Income ETF

A number of institutional investors have recently bought and sold shares of TEQI. Arax Advisory Partners bought a new position in shares of T. Rowe Price Equity Income ETF during the fourth quarter worth approximately $53,000. Empowered Funds LLC acquired a new stake in T. Rowe Price Equity Income ETF during the fourth quarter worth approximately $130,000. Ascentis Independent Advisors acquired a new stake in T. Rowe Price Equity Income ETF during the first quarter worth approximately $457,000. ORG Partners LLC increased its stake in T. Rowe Price Equity Income ETF by 10.7% during the 4th quarter. ORG Partners LLC now owns 10,172 shares of the company’s stock worth $459,000 after acquiring an additional 985 shares during the period. Finally, Integrity Alliance LLC. bought a new position in T. Rowe Price Equity Income ETF during the 4th quarter worth $460,000.

T. Rowe Price Equity Income ETF Price Performance

TEQI stock remained flat at $50.71 during trading hours on Friday. The company’s stock had a trading volume of 5,220 shares, compared to its average volume of 10,163. T. Rowe Price Equity Income ETF has a 1 year low of $41.53 and a 1 year high of $51.03. The firm has a market cap of $416.84 million, a price-to-earnings ratio of 17.60 and a beta of 0.76. The firm has a 50 day moving average price of $49.48 and a 200-day moving average price of $47.34.

T. Rowe Price Equity Income ETF Company Profile

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T. Rowe Price.