T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Short Interest Down 39.4% in June

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 97,546 shares, a drop of 39.4% from the June 15th total of 161,069 shares. Based on an average trading volume of 957,714 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Huntington National Bank bought a new position in shares of T. Rowe Price Capital Appreciation Equity ETF in the fourth quarter worth approximately $32,000. Litman Gregory Wealth Management LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $40,000. Dougherty Wealth Advisers LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Equity ETF during the fourth quarter valued at approximately $50,000. Rossby Financial LCC purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth approximately $54,000. Finally, Bank of Montreal Can purchased a new position in T. Rowe Price Capital Appreciation Equity ETF in the 4th quarter worth approximately $59,000.

T. Rowe Price Capital Appreciation Equity ETF Stock Performance

Shares of TCAF traded down $0.03 during trading hours on Thursday, hitting $41.78. The company had a trading volume of 120,542 shares, compared to its average volume of 820,569. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 29.44 and a beta of 0.94. The firm has a fifty day moving average price of $40.60 and a 200-day moving average price of $38.71. T. Rowe Price Capital Appreciation Equity ETF has a 52-week low of $34.43 and a 52-week high of $41.93.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.