American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Sees Large Growth in Short Interest

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 16,439 shares, a growth of 311.1% from the May 14th total of 3,999 shares. Based on an average daily volume of 21,318 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.6% of the company’s stock are short sold.

Institutional Trading of American Century Focused Dynamic Growth ETF

A number of institutional investors have recently modified their holdings of the company. J.W. Cole Advisors Inc. boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 8.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 2,474 shares of the company’s stock valued at $298,000 after buying an additional 193 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 2.0% in the 3rd quarter. HighTower Advisors LLC now owns 14,662 shares of the company’s stock valued at $1,766,000 after buying an additional 290 shares in the last quarter. NBC Securities Inc. boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 102.5% in the 4th quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $102,000 after buying an additional 406 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 2.1% in the 3rd quarter. IFP Advisors Inc now owns 20,096 shares of the company’s stock valued at $2,420,000 after buying an additional 410 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 2.3% in the 4th quarter. Osaic Holdings Inc. now owns 23,375 shares of the company’s stock valued at $2,965,000 after buying an additional 533 shares in the last quarter.

American Century Focused Dynamic Growth ETF Stock Performance

Shares of FDG stock traded up $0.18 during mid-day trading on Friday, hitting $131.78. The company’s stock had a trading volume of 7,608 shares, compared to its average volume of 20,668. American Century Focused Dynamic Growth ETF has a 52-week low of $102.93 and a 52-week high of $141.46. The stock has a market cap of $388.75 million, a price-to-earnings ratio of 34.07 and a beta of 1.28. The business has a 50-day moving average price of $131.39 and a 200 day moving average price of $125.80.

About American Century Focused Dynamic Growth ETF

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model. FDG was launched on Mar 31, 2020 and is issued by American Century Investments.