Short Interest in T. Rowe Price Growth ETF (NYSEARCA:TGRT) Increases By 342.7%

T. Rowe Price Growth ETF (NYSEARCA:TGRT) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 144,406 shares, a growth of 342.7% from the July 15th total of 32,620 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 94,255 shares, the days-to-cover ratio is presently 1.5 days.

T. Rowe Price Growth ETF Stock Performance

Shares of NYSEARCA TGRT traded down $0.21 during mid-day trading on Friday, hitting $47.29. 18,314 shares of the stock were exchanged, compared to its average volume of 138,460. T. Rowe Price Growth ETF has a twelve month low of $37.60 and a twelve month high of $47.69. The stock’s fifty day simple moving average is $45.43 and its two-hundred day simple moving average is $43.84. The company has a market cap of $1.56 billion, a P/E ratio of 36.02 and a beta of 1.20.

Institutional Investors Weigh In On T. Rowe Price Growth ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of TGRT. Price T Rowe Associates Inc. MD boosted its stake in T. Rowe Price Growth ETF by 12.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,260,089 shares of the company’s stock worth $411,134,000 after purchasing an additional 1,010,365 shares in the last quarter. LPL Financial LLC lifted its position in T. Rowe Price Growth ETF by 3.2% during the 4th quarter. LPL Financial LLC now owns 1,258,564 shares of the company’s stock worth $55,691,000 after buying an additional 39,137 shares in the last quarter. Flagship Wealth Advisors LLC grew its holdings 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 worth $4,987,000 after acquiring an additional 12,538 shares during the last quarter. Northwest Wealth Advisors LLC grew its holdings in T. Rowe Price Growth ETF by 33.5% during the 1st quarter. Northwest Wealth Advisors LLC now owns 109,900 shares of the company’s stock worth $4,320,000 after acquiring an additional 27,559 shares during the last quarter. Finally, Cetera Investment Advisers increased its position 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 valued at $3,566,000 after acquiring an additional 33,633 shares in the last quarter.

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