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 drop in short interest in the month of July. As of July 15th, there was short interest totaling 8,513 shares, a drop of 56.7% from the June 30th total of 19,653 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,147 shares, the days-to-cover ratio is presently 0.4 days.

T. Rowe Price International Equity Research ETF Stock Performance

T. Rowe Price International Equity Research ETF stock opened at $31.58 on Monday. The company has a 50 day simple moving average of $31.96. T. Rowe Price International Equity Research ETF has a 1-year low of $25.03 and a 1-year high of $34.49. The stock has a market capitalization of $34.74 million, a P/E ratio of -60.73 and a beta of 1.47.

Institutional Investors Weigh In On T. Rowe Price International Equity Research ETF

An institutional investor recently raised its stake in T. Rowe Price International Equity Research ETF stock. Essex Financial Services Inc. lifted its stake in shares of T. Rowe Price International Equity Research ETF (NYSEARCA:TIER) by 3.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,122 shares of the company’s stock after purchasing 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 quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.