T. Rowe Price Growth ETF (NYSEARCA:TGRT) Short Interest Up 108.9% in August

T. Rowe Price Growth ETF (NYSEARCA:TGRT) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 60,521 shares, a growth of 108.9% from the August 15th total of 28,976 shares. Based on an average daily trading volume, of 72,288 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On T. Rowe Price Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TGRT. Flagship Wealth Advisors LLC raised its stake in T. Rowe Price Growth ETF by 12.5% during the 4th quarter. Flagship Wealth Advisors LLC now owns 112,710 shares of the company’s stock valued at $4,987,000 after purchasing an additional 12,538 shares during the period. Northwest Wealth Advisors LLC purchased a new position in shares of T. Rowe Price Growth ETF during the fourth quarter valued at $3,644,000. KWB Wealth raised its position in T. Rowe Price Growth ETF by 31.1% during the second quarter. KWB Wealth now owns 68,743 shares of the company’s stock valued at $3,143,000 after buying an additional 16,308 shares during the period. Cetera Investment Advisers lifted its stake in T. Rowe Price Growth ETF by 58.9% in the 1st quarter. Cetera Investment Advisers now owns 90,713 shares of the company’s stock worth $3,566,000 after acquiring an additional 33,633 shares in the last quarter. Finally, GeoWealth Management LLC purchased a new stake in T. Rowe Price Growth ETF in the 4th quarter worth about $294,000.

T. Rowe Price Growth ETF Trading Down 0.6%

Shares of TGRT traded down $0.29 during midday trading on Monday, hitting $45.71. The stock had a trading volume of 48,937 shares, compared to its average volume of 131,132. The business has a 50-day simple moving average of $45.98 and a two-hundred day simple moving average of $44.42. The firm has a market cap of $1.51 billion, a P/E ratio of 36.02 and a beta of 1.20. T. Rowe Price Growth ETF has a fifty-two week low of $37.60 and a fifty-two week high of $47.69.

About T. Rowe Price Growth ETF

The T. Rowe Price Growth ETF (TGRT) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on large cap equity. TGRT is an actively managed fund that invests in US large-cap companies believed to have strong growth potential