T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Up 430.5% in July

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 517,512 shares, a growth of 430.5% from the June 30th total of 97,546 shares. Based on an average daily volume of 549,838 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in TCAF. Price T Rowe Associates Inc. MD grew its position in T. Rowe Price Capital Appreciation Equity ETF by 10.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 19,069,107 shares of the company’s stock worth $730,343,000 after acquiring an additional 1,799,525 shares in the last quarter. LPL Financial LLC raised its position in T. Rowe Price Capital Appreciation Equity ETF by 15.2% during the fourth quarter. LPL Financial LLC now owns 14,929,038 shares of the company’s stock valued at $570,588,000 after purchasing an additional 1,969,844 shares during the period. Raymond James Financial Inc. raised its position in T. Rowe Price Capital Appreciation Equity ETF by 9.8% during the third quarter. Raymond James Financial Inc. now owns 5,878,165 shares of the company’s stock valued at $221,607,000 after purchasing an additional 526,810 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 4.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,233,638 shares of the company’s stock valued at $200,030,000 after purchasing an additional 240,368 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.4% in the 4th quarter. Wells Fargo & Company MN now owns 3,531,473 shares of the company’s stock valued at $134,973,000 after purchasing an additional 242,301 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of NYSEARCA:TCAF traded down $0.03 on Friday, reaching $40.81. The company’s stock had a trading volume of 378,354 shares, compared to its average volume of 811,584. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $34.43 and a 52-week high of $41.93. The company has a market cap of $7.83 billion, a P/E ratio of 29.44 and a beta of 0.94. The company has a 50-day simple moving average of $40.75 and a 200 day simple moving average of $38.84.

About T. Rowe Price Capital Appreciation Equity ETF

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.