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

T. Rowe Price Growth ETF (NYSEARCA:TGRT) saw a large growth in short interest in the month of 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 trading volume of 72,288 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are short sold.

T. Rowe Price Growth ETF Stock Performance

Shares of NYSEARCA:TGRT traded up $0.36 on Wednesday, hitting $45.71. The company’s stock had a trading volume of 1,919 shares, compared to its average volume of 130,186. T. Rowe Price Growth ETF has a 12 month low of $37.60 and a 12 month high of $47.69. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 36.02 and a beta of 1.20. The stock’s 50-day moving average is $45.97 and its two-hundred day moving average is $44.47.

Hedge Funds Weigh In On T. Rowe Price Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new position in T. Rowe Price Growth ETF during the 2nd quarter valued at about $392,000. RFG Advisory LLC bought a new position in shares of T. Rowe Price Growth ETF in the second quarter valued at approximately $393,000. Citadel Advisors LLC boosted its holdings in shares of T. Rowe Price Growth ETF by 11.0% in the second quarter. Citadel Advisors LLC now owns 16,433 shares of the company’s stock valued at $751,000 after acquiring an additional 1,634 shares in the last quarter. KWB Wealth increased its stake in shares of 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 acquiring an additional 16,308 shares during the period. Finally, Western Wealth Management LLC acquired a new position in shares of T. Rowe Price Growth ETF during the first quarter valued at approximately $29,000.

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