Short Interest in T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Decreases By 59.4%

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 63,102 shares, a decrease of 59.4% from the December 15th total of 155,538 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 96,905 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 96,905 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s shares are sold short.

T. Rowe Price Blue Chip Growth ETF Stock Performance

Shares of NYSEARCA TCHP traded up $0.08 during trading hours on Friday, hitting $49.57. The company’s stock had a trading volume of 90,806 shares, compared to its average volume of 353,644. T. Rowe Price Blue Chip Growth ETF has a 12 month low of $32.67 and a 12 month high of $51.77. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 37.14 and a beta of 1.15. The business has a 50-day simple moving average of $49.62 and a 200-day simple moving average of $48.37.

Institutional Investors Weigh In On T. Rowe Price Blue Chip Growth ETF

Several hedge funds have recently made changes to their positions in the company. Comerica Bank purchased a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 1st quarter worth about $38,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of T. Rowe Price Blue Chip Growth ETF by 92.4% during the third quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock valued at $115,000 after purchasing an additional 1,129 shares during the last quarter. Evolution Wealth Management Inc. bought a new stake in shares of T. Rowe Price Blue Chip Growth ETF in the 3rd quarter worth approximately $172,000. Optiver Holding B.V. purchased a new position in T. Rowe Price Blue Chip Growth ETF during the third quarter valued at $175,000. Finally, Precedent Wealth Partners LLC bought a new stake in T. Rowe Price Blue Chip Growth ETF in the fourth quarter worth $210,000.

T. Rowe Price Blue Chip Growth ETF Company Profile

The T. Rowe Price Blue Chip Growth ETF (TCHP) is an exchange-traded fund that is based on the Russell 1000 Growth index. The ETF currently has 291.89m in AUM and 78 holdings. TCHP is an actively-managed, non-transparent fund that focus on companies with potential for above-average growth TCHP was launched on Aug 4, 2020 and is managed by T. Rowe Price.