T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) Short Interest Down 81.9% in January

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 1,323 shares, a decline of 81.9% from the December 31st total of 7,328 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 21,230 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 21,230 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

T. Rowe Price Equity Income ETF Price Performance

Shares of TEQI stock traded down $0.01 during trading on Wednesday, reaching $46.34. The company’s stock had a trading volume of 8,803 shares, compared to its average volume of 15,950. T. Rowe Price Equity Income ETF has a 1-year low of $36.21 and a 1-year high of $46.69. The company has a market capitalization of $375.35 million, a price-to-earnings ratio of 17.60 and a beta of 0.85. The stock’s 50-day moving average price is $45.25 and its 200 day moving average price is $44.05.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Glass Jacobson Investment Advisors llc raised its position in T. Rowe Price Equity Income ETF by 105.7% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 4,617 shares of the company’s stock valued at $196,000 after purchasing an additional 2,373 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in shares of T. Rowe Price Equity Income ETF during the second quarter worth approximately $245,000. J.W. Cole Advisors Inc. raised its holdings in T. Rowe Price Equity Income ETF by 6.6% in the second quarter. J.W. Cole Advisors Inc. now owns 6,458 shares of the company’s stock valued at $275,000 after acquiring an additional 400 shares in the last quarter. ORG Partners LLC purchased a new position in T. Rowe Price Equity Income ETF in the third quarter worth approximately $403,000. Finally, NewEdge Advisors LLC purchased a new position in T. Rowe Price Equity Income ETF in the third quarter worth approximately $450,000.

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.