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

by · The Markets Daily

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,125 shares, an increase of 65.9% from the November 30th total of 1,281 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 2,297 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 2,297 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in T. Rowe Price Hedged Equity ETF stock. HighTower Advisors LLC bought a new position in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 170,963 shares of the company’s stock, valued at approximately $4,762,000. HighTower Advisors LLC owned approximately 20.85% of T. Rowe Price Hedged Equity ETF at the end of the most recent quarter.

T. Rowe Price Hedged Equity ETF Stock Down 0.2%

Shares of NYSEARCA THEQ traded down $0.07 on Monday, reaching $28.19. 318 shares of the company’s stock traded hands, compared to its average volume of 485. The business’s 50 day simple moving average is $28.10 and its two-hundred day simple moving average is $27.37. T. Rowe Price Hedged Equity ETF has a 12 month low of $22.97 and a 12 month high of $28.45. The company has a market cap of $23.12 million, a price-to-earnings ratio of 24.54 and a beta of 0.73.

About T. Rowe Price Hedged Equity ETF

(Get Free Report)

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.

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