Short Interest in T. Rowe Price Value ETF (NYSEARCA:TVAL) Increases By 146.3%

T. Rowe Price Value ETF (NYSEARCA:TVALGet Free Report) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 35,321 shares, an increase of 146.3% from the May 31st total of 14,339 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 54,002 shares, the days-to-cover ratio is currently 0.7 days.

T. Rowe Price Value ETF Stock Up 0.1%

TVAL traded up $0.05 during trading on Tuesday, hitting $41.68. The company’s stock had a trading volume of 85,523 shares, compared to its average volume of 102,529. The firm has a market capitalization of $723.15 million, a P/E ratio of 20.80 and a beta of 0.81. T. Rowe Price Value ETF has a twelve month low of $32.26 and a twelve month high of $41.79. The stock’s fifty day moving average price is $40.36 and its 200-day moving average price is $38.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new stake in T. Rowe Price Value ETF in the first quarter worth $115,000. GeoWealth Management LLC acquired a new position in shares of T. Rowe Price Value ETF during the fourth quarter valued at about $258,000. Jane Street Group LLC acquired a new position in shares of T. Rowe Price Value ETF during the second quarter valued at about $283,000. Jacksonville Wealth Management LLC bought a new position in shares of T. Rowe Price Value ETF during the 4th quarter worth about $388,000. Finally, HighTower Advisors LLC boosted its position in shares of T. Rowe Price Value ETF by 15.3% during the 4th quarter. HighTower Advisors LLC now owns 12,416 shares of the company’s stock worth $437,000 after purchasing an additional 1,651 shares in the last quarter.

T. Rowe Price Value ETF Company Profile

(Get Free Report)

The T. Rowe Price Value ETF (TVAL) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TVAL is an actively managed fund of attractively valued US large-capitalization companies having the potential for stock price appreciation as perceived by the fund adviser

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