T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Update

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 220 shares, a drop of 92.8% from the August 31st total of 3,068 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 9,581 shares, the days-to-cover ratio is currently 0.0 days.

T. Rowe Price Hedged Equity ETF Stock Performance

T. Rowe Price Hedged Equity ETF stock remained flat at $30.24 during midday trading on Thursday. The company had a trading volume of 357 shares, compared to its average volume of 4,867. The company has a market cap of $38.40 million, a P/E ratio of 24.54 and a beta of 0.66. T. Rowe Price Hedged Equity ETF has a 12-month low of $26.77 and a 12-month high of $31.59. The stock has a fifty day simple moving average of $30.14 and a two-hundred day simple moving average of $29.38.

Institutional Trading of T. Rowe Price Hedged Equity ETF

An institutional investor recently bought a new stake in T. Rowe Price Hedged Equity ETF stock. SageGuard Financial Group LLC acquired a new stake in shares of T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 25,652 shares of the company’s stock, valued at approximately $699,000. SageGuard Financial Group LLC owned about 2.33% of T. Rowe Price Hedged Equity ETF at the end of the most recent reporting period.

T. Rowe Price Hedged Equity ETF Company Profile

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.