T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

T. Rowe Price Capital Appreciation Equity ETF (NYSEARCA:TCAF – Get Free Report) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 261,936 shares, an increase of 34.5% from the December 15th total of 194,786 shares. Based on an average daily volume of 786,422 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 786,422 shares, the days-to-cover ratio is currently 0.3 days.

T. Rowe Price Capital Appreciation Equity ETF Price Performance

Shares of NYSEARCA TCAF remained flat at $38.69 during mid-day trading on Friday. 945,319 shares of the stock were exchanged, compared to its average volume of 1,020,974. The business has a fifty day simple moving average of $38.34 and a 200-day simple moving average of $37.52. The firm has a market cap of $6.49 billion, a PE ratio of 29.44 and a beta of 0.91. T. Rowe Price Capital Appreciation Equity ETF has a 1-year low of $28.28 and a 1-year high of $39.34.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. increased its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 9.8% in the third quarter. Raymond James Financial Inc. now owns 5,878,165 shares of the company’s stock valued at $221,607,000 after purchasing an additional 526,810 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in T. Rowe Price Capital Appreciation Equity ETF by 17.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,993,270 shares of the company’s stock valued at $188,246,000 after buying an additional 730,560 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 16.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,788,479 shares of the company’s stock worth $98,385,000 after acquiring an additional 384,217 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of T. Rowe Price Capital Appreciation Equity ETF by 7.7% in the 2nd quarter. Baird Financial Group Inc. now owns 2,725,494 shares of the company’s stock worth $96,155,000 after acquiring an additional 195,072 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of T. Rowe Price Capital Appreciation Equity ETF by 9.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,151,801 shares of the company’s stock worth $83,296,000 after acquiring an additional 177,483 shares during the period.

T. Rowe Price Capital Appreciation Equity ETF Company Profile

(Get Free Report)

The T. Rowe Price Capital Appreciation Equity ETF (TCAF) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TCAF is an actively managed fund that pursues higher quality stocks of US large-cap companies that are perceived to have above average potential for capital growth.

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