T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Short Interest Up 28.9% in January

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 67,533 shares, an increase of 28.9% from the January 15th total of 52,373 shares. Based on an average daily volume of 87,309 shares, the short-interest ratio is presently 0.8 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 87,309 shares, the short-interest ratio is presently 0.8 days.

T. Rowe Price Dividend Growth ETF Stock Performance

T. Rowe Price Dividend Growth ETF stock opened at $46.77 on Wednesday. T. Rowe Price Dividend Growth ETF has a fifty-two week low of $35.39 and a fifty-two week high of $47.26. The stock has a market cap of $1.26 billion, a P/E ratio of 24.89 and a beta of 0.86. The firm’s fifty day moving average price is $45.73 and its 200-day moving average price is $44.48.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Large investors have recently modified their holdings of the business. Archer Investment Corp increased its position in shares of T. Rowe Price Dividend Growth ETF by 192.0% in the fourth quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock worth $46,000 after purchasing an additional 670 shares during the last quarter. International Assets Investment Management LLC purchased a new position in T. Rowe Price Dividend Growth ETF in the 4th quarter worth approximately $54,000. Ameritas Advisory Services LLC grew its stake in T. Rowe Price Dividend Growth ETF by 73.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 1,374 shares of the company’s stock worth $60,000 after buying an additional 583 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of T. Rowe Price Dividend Growth ETF in the 2nd quarter worth $104,000. Finally, Arax Advisory Partners purchased a new stake in shares of T. Rowe Price Dividend Growth ETF during the 4th quarter valued at $106,000.

About T. Rowe Price Dividend Growth ETF

The T. Rowe Price Dividend Growth ETF (TDVG) is an exchange-traded fund that is based on the Russell 1000 Dividend Growth index. The ETF currently has 298.89m in AUM and 103 holdings. TDVG is an actively-managed, non-transparent fund of global, large- and mid-cap companies with sustainable, above-average growth in earnings and dividends TDVG was launched on Aug 4, 2020 and is managed by T. Rowe Price.