Short Interest in T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Expands By 56.6%

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 810,176 shares, an increase of 56.6% from the July 15th total of 517,512 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 541,833 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Huntington National Bank purchased a new stake in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at approximately $32,000. Litman Gregory Wealth Management LLC acquired a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $40,000. Dougherty Wealth Advisers LLC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter worth approximately $50,000. Rossby Financial LCC acquired a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter valued at $54,000. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 243.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,595 shares of the company’s stock valued at $56,000 after purchasing an additional 1,130 shares during the last quarter.

T. Rowe Price Capital Appreciation Equity ETF Trading Down 0.7%

NYSEARCA:TCAF opened at $42.64 on Tuesday. The firm has a 50-day moving average price of $41.29 and a two-hundred day moving average price of $39.26. T. Rowe Price Capital Appreciation Equity ETF has a twelve month low of $34.43 and a twelve month high of $43.13. The company has a market capitalization of $8.24 billion, a P/E ratio of 29.44 and a beta of 0.93.

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.