Short Interest in T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) Decreases By 87.7%

T. Rowe Price Hedged Equity ETF (NYSEARCA:THEQ) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 789 shares, a decrease of 87.7% from the July 30th total of 6,430 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,172 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On T. Rowe Price Hedged Equity ETF

A number of large investors have recently made changes to their positions in THEQ. HighTower Advisors LLC increased its position in T. Rowe Price Hedged Equity ETF by 2.0% during the 4th quarter. HighTower Advisors LLC now owns 174,432 shares of the company’s stock valued at $4,881,000 after buying an additional 3,469 shares in the last quarter. Jane Street Group LLC raised its position 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 purchasing an additional 9,557 shares during the last quarter. Finally, SageGuard Financial Group LLC purchased a new stake in T. Rowe Price Hedged Equity ETF during the 1st quarter worth approximately $699,000.

T. Rowe Price Hedged Equity ETF Stock Down 0.1%

Shares of T. Rowe Price Hedged Equity ETF stock traded down $0.04 on Wednesday, reaching $30.28. The stock had a trading volume of 1,363 shares, compared to its average volume of 4,818. The company has a 50 day moving average price of $29.93 and a 200 day moving average price of $29.08. T. Rowe Price Hedged Equity ETF has a 1 year low of $26.77 and a 1 year high of $31.59. The stock has a market capitalization of $38.46 million, a P/E ratio of 24.54 and a beta of 0.66.

About T. Rowe Price Hedged Equity ETF

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.