T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL) Short Interest Update

by · The Cerbat Gem

T. Rowe Price Capital Appreciation Premium Income ETF (NYSEARCA:TCAL – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 11,444 shares, a decline of 85.4% from the April 15th total of 78,392 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 102,504 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of T. Rowe Price Capital Appreciation Premium Income ETF

Several institutional investors have recently added to or reduced their stakes in TCAL. LPL Financial LLC boosted its stake in T. Rowe Price Capital Appreciation Premium Income ETF by 122.7% in the 4th quarter. LPL Financial LLC now owns 1,018,046 shares of the company’s stock valued at $23,995,000 after purchasing an additional 560,852 shares during the period. CMC Financial Group bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 3rd quarter valued at $9,223,000. Waterfront Wealth Inc. lifted its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 685.9% during the 4th quarter. Waterfront Wealth Inc. now owns 302,090 shares of the company’s stock valued at $7,277,000 after acquiring an additional 263,649 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of T. Rowe Price Capital Appreciation Premium Income ETF during the 4th quarter valued at $4,009,000. Finally, Stifel Financial Corp lifted its position in shares of T. Rowe Price Capital Appreciation Premium Income ETF by 1,112.8% during the 4th quarter. Stifel Financial Corp now owns 180,495 shares of the company’s stock valued at $4,254,000 after acquiring an additional 165,612 shares during the period.

T. Rowe Price Capital Appreciation Premium Income ETF Price Performance

TCAL traded up $0.21 during trading on Tuesday, hitting $22.18. The stock had a trading volume of 122,360 shares, compared to its average volume of 141,198. The company has a 50 day moving average price of $22.79 and a 200-day moving average price of $23.47. The firm has a market cap of $276.14 million, a price-to-earnings ratio of 25.37 and a beta of 0.30. T. Rowe Price Capital Appreciation Premium Income ETF has a one year low of $21.94 and a one year high of $29.81.

About T. Rowe Price Capital Appreciation Premium Income ETF

(Get Free Report)

The T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) is an exchange-traded fund managed by T. Rowe Price. The fund aims to provide regular distributions while seeking capital preservation and potential for capital appreciation. It achieves this by investing primarily in U.S. equities and employing a covered call options strategy. This approach involves writing call options on individual stocks to generate income through premiums, which can enhance current income and help offset potential downside risks.

Further Reading