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

T. Rowe Price U.S. Equity Research ETF (NYSEARCA:TSPA) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 194,582 shares, a decline of 34.2% from the June 30th total of 295,689 shares. Based on an average daily volume of 403,731 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

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

Shares of TSPA stock traded down $0.06 during trading hours on Friday, reaching $46.74. 61,870 shares of the company’s stock were exchanged, compared to its average volume of 384,950. The company’s 50 day moving average is $47.12 and its two-hundred day moving average is $44.77. The company has a market cap of $4.19 billion, a P/E ratio of 26.98 and a beta of 1.01. T. Rowe Price U.S. Equity Research ETF has a 1 year low of $39.01 and a 1 year high of $48.03.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Prodigy Asset Management LLC lifted its holdings in T. Rowe Price U.S. Equity Research ETF by 4.3% in the fourth quarter. Prodigy Asset Management LLC now owns 681,406 shares of the company’s stock valued at $29,151,000 after acquiring an additional 28,284 shares during the period. Fort Washington Investment Advisors Inc. OH grew its stake in shares of T. Rowe Price U.S. Equity Research ETF by 11.7% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 902,637 shares of the company’s stock worth $36,918,000 after purchasing an additional 94,754 shares during the period. Integrity Alliance LLC. acquired a new position in shares of T. Rowe Price U.S. Equity Research ETF during the 4th quarter worth $1,326,000. Capital Analysts LLC increased its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 5.2% in the 4th quarter. Capital Analysts LLC now owns 225,402 shares of the company’s stock valued at $9,643,000 after purchasing an additional 11,181 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of T. Rowe Price U.S. Equity Research ETF by 10.4% in the 1st quarter. Cetera Investment Advisers now owns 753,355 shares of the company’s stock valued at $30,812,000 after purchasing an additional 71,091 shares in the last quarter.

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.