American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Shares Shorted: Short Interest Up 78.5% in September

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 11,925 shares, an increase of 78.5% from the August 31st total of 6,682 shares. Based on an average trading volume of 5,672 shares, the short-interest ratio is presently 2.1 days. Currently, 0.4% of the shares of the company are sold short.

American Century Focused Dynamic Growth ETF Stock Up 0.7%

Shares of NYSEARCA:FDG traded up $0.91 during midday trading on Tuesday, reaching $134.32. The company’s stock had a trading volume of 4,856 shares, compared to its average volume of 16,778. The firm has a market capitalization of $428.48 million, a PE ratio of 34.07 and a beta of 1.28. The stock has a fifty day moving average of $131.29 and a 200 day moving average of $129.68. American Century Focused Dynamic Growth ETF has a twelve month low of $108.74 and a twelve month high of $141.46.

Hedge Funds Weigh In On American Century Focused Dynamic Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of FDG. Envestnet Asset Management Inc. grew its holdings in American Century Focused Dynamic Growth ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 492,734 shares of the company’s stock worth $65,582,000 after acquiring an additional 2,001 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of American Century Focused Dynamic Growth ETF in the 2nd quarter valued at about $623,000. IFP Advisors Inc raised its stake in shares of American Century Focused Dynamic Growth ETF by 9.9% during the 2nd quarter. IFP Advisors Inc now owns 32,678 shares of the company’s stock worth $4,349,000 after buying an additional 2,936 shares during the period. WorthPointe LLC acquired a new stake in shares of American Century Focused Dynamic Growth ETF in the second quarter valued at about $29,562,000. Finally, Greenspring Advisors LLC purchased a new position in American Century Focused Dynamic Growth ETF in the 2nd quarter valued at $23,196,000.

American Century Focused Dynamic Growth ETF Company Profile

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.