T. Rowe Price Growth ETF (NYSEARCA:TGRT) Shares Shorted: Short Interest Up 124.0% in October

T. Rowe Price Growth ETF (NYSEARCA:TGRT) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 31,732 shares, an increase of 124.0% from the September 30th total of 14,163 shares. Based on an average trading volume of 93,372 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On T. Rowe Price Growth ETF

A number of hedge funds have recently modified their holdings of the stock. Northwest Wealth Advisors LLC increased its position in shares of 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 purchasing an additional 27,559 shares in the last quarter. KWB Wealth grew its stake 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 worth $3,143,000 after buying an additional 16,308 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of T. Rowe Price Growth ETF by 29.8% during the second quarter. Envestnet Asset Management Inc. now owns 127,455 shares of the company’s stock worth $5,827,000 after buying an additional 29,269 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of T. Rowe Price Growth ETF by 58.9% in the first quarter. Cetera Investment Advisers now owns 90,713 shares of the company’s stock valued at $3,566,000 after buying an additional 33,633 shares in the last quarter. Finally, L.K. Benson & Company P.C. bought a new position in shares of T. Rowe Price Growth ETF in the third quarter worth about $498,000.

T. Rowe Price Growth ETF Trading Down 2.9%

NYSEARCA:TGRT traded down $1.31 during mid-day trading on Friday, hitting $44.21. The company’s stock had a trading volume of 109,140 shares, compared to its average volume of 134,669. T. Rowe Price Growth ETF has a fifty-two week low of $37.60 and a fifty-two week high of $48.90. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 36.02 and a beta of 1.19. The stock has a fifty day moving average of $46.54 and a 200-day moving average of $44.58.

T. Rowe Price Growth ETF Company Profile

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