T. Rowe Price Financials ETF (NASDAQ:TFNS) Stock Short Interest Drops 88.0%

T. Rowe Price Financials ETF (NASDAQ:TFNS) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 58 shares, a drop of 88.0% from the October 15th total of 484 shares. Based on an average daily volume of 4,154 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in T. Rowe Price Financials ETF stock. Dahring Cusmano LLC purchased a new position in shares of T. Rowe Price Financials ETF (NASDAQ:TFNS) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 34,436 shares of the company’s stock, valued at approximately $864,000. T. Rowe Price Financials ETF makes up approximately 0.5% of Dahring Cusmano LLC’s portfolio, making the stock its 29th largest position. Dahring Cusmano LLC owned approximately 6.89% of T. Rowe Price Financials ETF at the end of the most recent reporting period.

T. Rowe Price Financials ETF Price Performance

Shares of T. Rowe Price Financials ETF stock traded up $0.04 during trading on Friday, hitting $29.70. 384 shares of the stock were exchanged, compared to its average volume of 3,199. The firm’s 50-day moving average price is $28.66 and its 200 day moving average price is $27.54. T. Rowe Price Financials ETF has a 12-month low of $24.30 and a 12-month high of $30.18. The stock has a market cap of $18.42 million, a price-to-earnings ratio of 15.13 and a beta of 0.33.

About T. Rowe Price Financials ETF

The T. Rowe Price Financials ETF (TFNS) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on financials equity. TFNS is an actively managed ETF, aiming to outperform its respective sector index TFNS was launched on Jun 11, 2025 and is issued by T. Rowe Price.