T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) Sees Significant Growth in Short Interest

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 46,227 shares, an increase of 29.8% from the February 26th total of 35,610 shares. Based on an average daily volume of 128,021 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

T. Rowe Price U.S. Equity Research ETF Trading Down 1.7%

Shares of T. Rowe Price U.S. Equity Research ETF stock traded down $0.70 during mid-day trading on Friday, reaching $39.88. 250,926 shares of the stock were exchanged, compared to its average volume of 135,916. T. Rowe Price U.S. Equity Research ETF has a fifty-two week low of $30.28 and a fifty-two week high of $43.89. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 26.98 and a beta of 1.00. The firm has a 50-day simple moving average of $42.69 and a 200 day simple moving average of $42.57.

Institutional Trading of T. Rowe Price U.S. Equity Research ETF

Hedge funds have recently modified their holdings of the company. Bryant Woods Investment Advisors LLC grew its position in T. Rowe Price U.S. Equity Research ETF by 14.3% during the 3rd quarter. Bryant Woods Investment Advisors LLC now owns 123,021 shares of the company’s stock worth $5,156,000 after acquiring an additional 15,344 shares during the last quarter. Commonwealth Equity Services LLC raised its position in T. Rowe Price U.S. Equity Research ETF by 38.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 130,636 shares of the company’s stock valued at $5,475,000 after purchasing an additional 36,169 shares during the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new position in T. Rowe Price U.S. Equity Research ETF in the third quarter worth $30,262,000. M&T Bank Corp boosted its stake in T. Rowe Price U.S. Equity Research ETF by 15.7% in the second quarter. M&T Bank Corp now owns 5,689,431 shares of the company’s stock worth $221,235,000 after purchasing an additional 773,339 shares in the last quarter. Finally, Hopwood Financial Services Inc. bought a new stake in shares of T. Rowe Price U.S. Equity Research ETF during the third quarter worth $2,614,000.

About T. Rowe Price U.S. Equity Research ETF

The T. Rowe Price US Equity Research ETF (TSPA) is an exchange-traded fund. The ETF currently has 24.68m in AUM and 291 holdings. TSPA is an actively-managed, non-transparent fund that seeks long-term capital growth by investing in US-listed companies selected and weighted similar to the S&P 500 Index The fund utilizes the T TSPA was launched on Jun 8, 2021 and is managed by T. Rowe Price.