Short Interest in T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSL) Declines By 39.1%

T. Rowe Price Small-Mid Cap ETF (NYSEARCA:TMSLGet Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 113,934 shares, a decline of 39.1% from the May 14th total of 187,010 shares. Based on an average trading volume of 307,790 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Seamount Financial Group Inc. increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 2.0% during the fourth quarter. Seamount Financial Group Inc. now owns 15,149 shares of the company’s stock valued at $544,000 after buying an additional 290 shares during the period. MSH Capital Advisors LLC increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 3.3% during the fourth quarter. MSH Capital Advisors LLC now owns 12,243 shares of the company’s stock valued at $440,000 after buying an additional 386 shares during the period. Moneta Group Investment Advisors LLC increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 5.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,911 shares of the company’s stock valued at $284,000 after buying an additional 443 shares during the period. Thoroughbred Financial Services LLC increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 5.1% during the third quarter. Thoroughbred Financial Services LLC now owns 9,310 shares of the company’s stock valued at $327,000 after buying an additional 450 shares during the period. Finally, IFG Advisory LLC increased its position in shares of T. Rowe Price Small-Mid Cap ETF by 3.0% during the third quarter. IFG Advisory LLC now owns 20,830 shares of the company’s stock valued at $733,000 after buying an additional 602 shares during the period.

T. Rowe Price Small-Mid Cap ETF Stock Up 1.1%

T. Rowe Price Small-Mid Cap ETF stock traded up $0.46 during midday trading on Monday, reaching $43.10. The stock had a trading volume of 440,734 shares, compared to its average volume of 372,142. The firm’s 50-day moving average price is $40.36 and its 200 day moving average price is $38.43. T. Rowe Price Small-Mid Cap ETF has a 12 month low of $31.71 and a 12 month high of $43.66. The firm has a market capitalization of $2.05 billion, a PE ratio of 18.92 and a beta of 1.12.

About T. Rowe Price Small-Mid Cap ETF

(Get Free Report)

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

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