T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) Short Interest Up 69.7% in January

T. Rowe Price Blue Chip Growth ETF (NYSEARCA:TCHP) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 107,091 shares, a growth of 69.7% from the December 31st total of 63,102 shares. Based on an average trading volume of 380,512 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 380,512 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On T. Rowe Price Blue Chip Growth ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank acquired a new position in T. Rowe Price Blue Chip Growth ETF in the first quarter worth $38,000. Glass Jacobson Investment Advisors llc grew its position in shares of T. Rowe Price Blue Chip Growth ETF by 92.4% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 2,351 shares of the company’s stock worth $115,000 after buying an additional 1,129 shares during the period. Evolution Wealth Management Inc. acquired a new stake in T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth $172,000. Optiver Holding B.V. acquired a new position in shares of T. Rowe Price Blue Chip Growth ETF during the 3rd quarter worth about $175,000. Finally, TD Waterhouse Canada Inc. grew its holdings in T. Rowe Price Blue Chip Growth ETF by 192.2% during the second quarter. TD Waterhouse Canada Inc. now owns 4,561 shares of the company’s stock valued at $202,000 after purchasing an additional 3,000 shares during the period.

T. Rowe Price Blue Chip Growth ETF Trading Down 0.7%

TCHP traded down $0.35 on Friday, hitting $48.89. 149,808 shares of the stock traded hands, compared to its average volume of 270,565. The firm has a market capitalization of $1.83 billion, a PE ratio of 37.14 and a beta of 1.15. T. Rowe Price Blue Chip Growth ETF has a 52 week low of $32.67 and a 52 week high of $51.77. The business has a fifty day moving average price of $49.71 and a two-hundred day moving average price of $48.66.

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.