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

T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 14,275 shares, an increase of 94.4% from the May 31st total of 7,344 shares. Based on an average daily trading volume, of 7,569 shares, the short-interest ratio is presently 1.9 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of T. Rowe Price Equity Income ETF

Several large investors have recently bought and sold shares of TEQI. Price T Rowe Associates Inc. MD raised its stake in shares of T. Rowe Price Equity Income ETF by 20.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,184,954 shares of the company’s stock worth $143,865,000 after buying an additional 530,853 shares during the last quarter. Aprio Wealth Management LLC purchased a new position in T. Rowe Price Equity Income ETF during the 4th quarter valued at about $17,717,000. M Holdings Securities Inc. acquired a new position in T. Rowe Price Equity Income ETF during the fourth quarter worth about $2,201,000. Associated Banc Corp acquired a new position in T. Rowe Price Equity Income ETF during the fourth quarter worth about $1,631,000. Finally, Bank of America Corp DE lifted its holdings in shares of T. Rowe Price Equity Income ETF by 21.4% in the first quarter. Bank of America Corp DE now owns 122,015 shares of the company’s stock valued at $5,493,000 after purchasing an additional 21,511 shares in the last quarter.

T. Rowe Price Equity Income ETF Trading Up 0.8%

Shares of NYSEARCA:TEQI traded up $0.39 during trading on Wednesday, hitting $50.77. 7,165 shares of the stock were exchanged, compared to its average volume of 10,200. The company has a market cap of $413.78 million, a PE ratio of 17.60 and a beta of 0.76. The company has a fifty day moving average price of $49.34 and a two-hundred day moving average price of $47.27. T. Rowe Price Equity Income ETF has a 12-month low of $41.53 and a 12-month high of $51.03.

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.