T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Short Interest Down 36.7% in December

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 1,345 shares, a decline of 36.7% from the December 15th total of 2,125 shares. Based on an average daily trading volume, of 1,142 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,142 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. DAVENPORT & Co LLC acquired a new stake in T. Rowe Price Hedged Equity ETF in the 4th quarter valued at about $354,000. HighTower Advisors LLC acquired a new position in T. Rowe Price Hedged Equity ETF in the third quarter worth approximately $4,762,000. Finally, Jane Street Group LLC acquired a new position in T. Rowe Price Hedged Equity ETF in the second quarter worth approximately $405,000.

T. Rowe Price Hedged Equity ETF Price Performance

Shares of T. Rowe Price Hedged Equity ETF stock traded up $0.03 on Friday, hitting $28.28. The company had a trading volume of 957 shares, compared to its average volume of 687. T. Rowe Price Hedged Equity ETF has a 52 week low of $22.97 and a 52 week high of $28.45. The company has a market cap of $34.78 million, a PE ratio of 24.54 and a beta of 0.73. The business has a 50-day simple moving average of $28.11 and a 200-day simple moving average of $27.59.

About T. Rowe Price Hedged Equity ETF

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.