T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) Short Interest Update

T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 8,513 shares, a decline of 56.7% from the June 30th total of 19,653 shares. Based on an average daily trading volume, of 20,147 shares, the short-interest ratio is presently 0.4 days. Approximately 0.8% of the shares of the stock are sold short.

T. Rowe Price International Equity Research ETF Stock Performance

Shares of NYSEARCA:TIER traded down $0.13 during trading on Wednesday, reaching $31.25. 6,322 shares of the stock were exchanged, compared to its average volume of 4,292. The company has a 50-day moving average price of $31.98. T. Rowe Price International Equity Research ETF has a 12-month low of $25.03 and a 12-month high of $34.49. The firm has a market capitalization of $34.38 million, a price-to-earnings ratio of -60.10 and a beta of 1.47.

Hedge Funds Weigh In On T. Rowe Price International Equity Research ETF

A hedge fund recently raised its position in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. increased its holdings in T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,122 shares of the company’s stock after buying an additional 413 shares during the quarter. Essex Financial Services Inc. owned about 1.57% of T. Rowe Price International Equity Research ETF worth $402,000 at the end of the most recent reporting period. 75.94% of the stock is owned by institutional investors.