Short Interest in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Grows By 288.8%

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,068 shares, an increase of 288.8% from the August 15th total of 789 shares. Based on an average trading volume of 1,533 shares, the short-interest ratio is currently 2.0 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Trading of T. Rowe Price Hedged Equity ETF

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of T. Rowe Price Hedged Equity ETF in the second quarter valued at $405,000. SageGuard Financial Group LLC purchased a new stake in shares of T. Rowe Price Hedged Equity ETF in the 1st quarter worth about $699,000. Finally, HighTower Advisors LLC grew its stake in T. Rowe Price Hedged Equity ETF by 2.0% in the 4th quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock valued at $4,881,000 after acquiring an additional 3,469 shares during the last quarter.

T. Rowe Price Hedged Equity ETF Price Performance

Shares of NYSEARCA:THEQ opened at $30.13 on Monday. The firm has a market capitalization of $38.27 million, a price-to-earnings ratio of 24.54 and a beta of 0.66. The business’s 50 day simple moving average is $30.09 and its 200-day simple moving average is $29.26. T. Rowe Price Hedged Equity ETF has a 12 month low of $26.77 and a 12 month high of $31.59.

T. Rowe Price Hedged Equity ETF Company Profile

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.