T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Update

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 18,772 shares, a decline of 21.7% from the February 26th total of 23,960 shares. Based on an average daily trading volume, of 7,737 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.2% of the shares of the company are short sold.

T. Rowe Price Equity Income ETF Price Performance

Shares of TEQI traded up $0.68 during mid-day trading on Tuesday, reaching $44.90. 15,994 shares of the company’s stock were exchanged, compared to its average volume of 12,188. The stock has a market capitalization of $363.69 million, a PE ratio of 17.60 and a beta of 0.85. The business’s fifty day simple moving average is $46.42 and its 200-day simple moving average is $45.09. T. Rowe Price Equity Income ETF has a 52-week low of $36.21 and a 52-week high of $47.99.

Institutional Trading of T. Rowe Price Equity Income ETF

Hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC increased its holdings in shares of T. Rowe Price Equity Income ETF by 1.1% in the fourth quarter. Kestra Advisory Services LLC now owns 20,111 shares of the company’s stock valued at $908,000 after purchasing an additional 223 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in shares of T. Rowe Price Equity Income ETF by 6.6% during the second quarter. J.W. Cole Advisors Inc. now owns 6,458 shares of the company’s stock worth $275,000 after purchasing an additional 400 shares during the period. CWM LLC grew its position in T. Rowe Price Equity Income ETF by 1.3% in the 4th quarter. CWM LLC now owns 78,261 shares of the company’s stock valued at $3,535,000 after buying an additional 981 shares during the last quarter. ORG Partners LLC grew its position in T. Rowe Price Equity Income ETF by 10.7% in the 4th quarter. ORG Partners LLC now owns 10,172 shares of the company’s stock valued at $459,000 after buying an additional 985 shares during the last quarter. Finally, Triangle Securities Wealth Management increased its stake in T. Rowe Price Equity Income ETF by 7.6% in the 3rd quarter. Triangle Securities Wealth Management now owns 15,499 shares of the company’s stock valued at $680,000 after buying an additional 1,089 shares during the period.

T. Rowe Price Equity Income ETF Company Profile

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T. Rowe Price.