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

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,146 shares, a decline of 27.1% from the February 12th total of 1,572 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On T. Rowe Price Hedged Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of THEQ. HighTower Advisors LLC raised its stake in T. Rowe Price Hedged Equity ETF by 2.0% in the fourth quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock valued at $4,881,000 after buying an additional 3,469 shares in the last quarter. Jane Street Group LLC lifted its holdings in T. Rowe Price Hedged Equity ETF by 70.0% during the 4th quarter. Jane Street Group LLC now owns 23,217 shares of the company’s stock worth $650,000 after buying an additional 9,557 shares during the last quarter. Finally, DAVENPORT & Co LLC acquired a new position in shares of T. Rowe Price Hedged Equity ETF during the 4th quarter worth about $354,000.

T. Rowe Price Hedged Equity ETF Stock Performance

Shares of NYSEARCA:THEQ traded down $0.07 during trading hours on Friday, reaching $27.58. The stock had a trading volume of 3,259 shares, compared to its average volume of 3,669. T. Rowe Price Hedged Equity ETF has a 1 year low of $22.97 and a 1 year high of $28.54. The firm’s 50 day moving average is $28.23 and its 200-day moving average is $28.01. The stock has a market capitalization of $33.92 million, a price-to-earnings ratio of 24.54 and a beta of 0.73.

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.