Short Interest in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Increases By 38.1%

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 1,834 shares, a growth of 38.1% from the March 15th total of 1,328 shares. Based on an average daily volume of 1,816 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the shares of the company are sold short.

T. Rowe Price Hedged Equity ETF Trading Up 0.2%

Shares of THEQ stock opened at $28.62 on Friday. The business’s 50 day moving average is $27.92 and its two-hundred day moving average is $28.03. T. Rowe Price Hedged Equity ETF has a twelve month low of $23.48 and a twelve month high of $28.66. The company has a market capitalization of $31.48 million, a P/E ratio of 24.54 and a beta of 0.69.

Institutional Trading of T. Rowe Price Hedged Equity ETF

Hedge funds have recently modified their holdings of the business. HighTower Advisors LLC acquired a new stake in shares of T. Rowe Price Hedged Equity ETF in the 3rd quarter valued at approximately $4,762,000. Jane Street Group LLC lifted its holdings in shares of T. Rowe Price Hedged Equity ETF by 70.0% in the 4th quarter. Jane Street Group LLC now owns 23,217 shares of the company’s stock valued at $650,000 after buying an additional 9,557 shares during the period. Finally, DAVENPORT & Co LLC acquired a new stake in shares of T. Rowe Price Hedged Equity ETF in the 4th quarter valued at approximately $354,000.

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.