T. Rowe Price Growth ETF (NYSEARCA:TGRT) Sees Significant Growth in Short Interest

T. Rowe Price Growth ETF (NYSEARCA:TGRT) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 133,272 shares, an increase of 165.9% from the March 31st total of 50,129 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 85,278 shares, the days-to-cover ratio is presently 1.6 days.

T. Rowe Price Growth ETF Stock Up 0.1%

T. Rowe Price Growth ETF stock traded up $0.06 during mid-day trading on Monday, hitting $44.85. The company’s stock had a trading volume of 117,942 shares, compared to its average volume of 122,441. The stock has a market capitalization of $1.16 billion, a P/E ratio of 36.02 and a beta of 1.16. T. Rowe Price Growth ETF has a twelve month low of $34.00 and a twelve month high of $46.06. The stock’s fifty day moving average price is $41.41 and its two-hundred day moving average price is $43.06.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD raised its stake in T. Rowe Price Growth ETF by 12.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 9,260,089 shares of the company’s stock valued at $411,134,000 after purchasing an additional 1,010,365 shares during the period. LPL Financial LLC raised its stake 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 valued at $55,691,000 after purchasing an additional 39,137 shares during the period. Private Advisor Group LLC raised its stake in T. Rowe Price Growth ETF by 0.8% during the 3rd quarter. Private Advisor Group LLC now owns 379,659 shares of the company’s stock valued at $16,568,000 after purchasing an additional 3,070 shares during the period. 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. Finally, Northwest Wealth Advisors LLC acquired a new stake in T. Rowe Price Growth ETF during the 4th quarter valued at $3,644,000.

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