Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Increases By 155.9%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 291,609 shares, an increase of 155.9% from the May 31st total of 113,934 shares. Based on an average trading volume of 281,629 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On T. Rowe Price Small-Mid Cap ETF

Hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD increased its holdings in T. Rowe Price Small-Mid Cap ETF by 14.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,861,191 shares of the company’s stock valued at $210,786,000 after buying an additional 723,445 shares during the period. LPL Financial LLC lifted its holdings in T. Rowe Price Small-Mid Cap ETF by 85.3% during the fourth quarter. LPL Financial LLC now owns 4,307,521 shares of the company’s stock worth $154,640,000 after buying an additional 1,983,521 shares during the period. Raymond James Financial Inc. lifted its holdings in T. Rowe Price Small-Mid Cap ETF by 26.4% during the third quarter. Raymond James Financial Inc. now owns 1,156,696 shares of the company’s stock worth $40,681,000 after buying an additional 241,353 shares during the period. Cetera Investment Advisers raised its position in shares of T. Rowe Price Small-Mid Cap ETF by 18.7% in the 1st quarter. Cetera Investment Advisers now owns 1,062,785 shares of the company’s stock worth $38,972,000 after acquiring an additional 167,075 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of T. Rowe Price Small-Mid Cap ETF by 8.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 898,723 shares of the company’s stock worth $33,576,000 after purchasing an additional 66,565 shares during the last quarter.

T. Rowe Price Small-Mid Cap ETF Price Performance

Shares of T. Rowe Price Small-Mid Cap ETF stock opened at $43.12 on Monday. T. Rowe Price Small-Mid Cap ETF has a 1 year low of $32.35 and a 1 year high of $43.79. The firm’s 50-day moving average is $41.29 and its two-hundred day moving average is $38.92. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of 18.92 and a beta of 1.12.

About T. Rowe Price Small-Mid Cap ETF

The T. Rowe Price Small-Mid Cap ETF (TMSL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on extended market equity. TMSL is an actively managed fund that invests in US small- and mid-cap companies with either growth or value characteristics