T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Stock Short Interest Declines 63.6%

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 80 shares, a decrease of 63.6% from the September 15th total of 220 shares. Based on an average trading volume of 754 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of T. Rowe Price Hedged Equity ETF

An institutional investor recently bought a new position in T. Rowe Price Hedged Equity ETF stock. SageGuard Financial Group LLC acquired a new position in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 25,652 shares of the company’s stock, valued at approximately $699,000. SageGuard Financial Group LLC owned about 2.33% of T. Rowe Price Hedged Equity ETF as of its most recent SEC filing.

T. Rowe Price Hedged Equity ETF Stock Performance

Shares of NYSEARCA THEQ remained flat at $30.61 during mid-day trading on Tuesday. The company had a trading volume of 280 shares, compared to its average volume of 4,937. The stock has a market cap of $38.26 million, a price-to-earnings ratio of 24.54 and a beta of 0.67. The stock’s fifty day moving average price is $30.32 and its 200 day moving average price is $29.63. T. Rowe Price Hedged Equity ETF has a 52-week low of $26.77 and a 52-week high of $31.59.

T. Rowe Price Hedged Equity ETF Company Profile

THEQ is an actively managed fund-of-funds seeking long-term capital growth through investments in U.S. companies of any size and derivatives. The fund aims to combine a long equity portfolio with an options overlay strategy to provide downside protection against significant market pullbacks.