T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) Short Interest Up 987.9% in February

T. Rowe Price Growth Stock ETF (NYSEARCA:TGRW) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 20,714 shares, an increase of 987.9% from the January 29th total of 1,904 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 37,065 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 37,065 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

T. Rowe Price Growth Stock ETF Price Performance

Shares of TGRW stock traded up $0.59 on Wednesday, hitting $43.88. 6,056 shares of the stock traded hands, compared to its average volume of 42,137. The company’s fifty day moving average is $44.94 and its 200 day moving average is $45.20. T. Rowe Price Growth Stock ETF has a 1-year low of $30.81 and a 1-year high of $48.16. The company has a market capitalization of $896.91 million, a PE ratio of 40.49 and a beta of 1.18.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC acquired a new position in shares of T. Rowe Price Growth Stock ETF in the 2nd quarter valued at about $34,000. Geneos Wealth Management Inc. lifted its holdings in T. Rowe Price Growth Stock ETF by 162.9% in the second quarter. Geneos Wealth Management Inc. now owns 920 shares of the company’s stock worth $39,000 after acquiring an additional 570 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in T. Rowe Price Growth Stock ETF by 78.5% in the fourth quarter. Farther Finance Advisors LLC now owns 937 shares of the company’s stock valued at $43,000 after acquiring an additional 412 shares during the period. Bank of America Corp DE acquired a new position in T. Rowe Price Growth Stock ETF in the fourth quarter valued at approximately $44,000. Finally, Equita Financial Network Inc. bought a new position in shares of T. Rowe Price Growth Stock ETF during the third quarter valued at approximately $207,000.

About T. Rowe Price Growth Stock ETF

The T. Rowe Price Growth Stock ETF (TGRW) is an exchange-traded fund that is based on the Russell 3000 Growth index. The ETF currently has 38.68m in AUM and 79 holdings. TGRW is an actively-managed, non-transparent fund that focus on companies with growth characteristics TGRW was launched on Aug 4, 2020 and is managed by T. Rowe Price.