American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Stock Short Interest Rises 78.5%

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) was the recipient of a large increase in short interest during 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 daily trading volume, of 5,672 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of American Century Focused Dynamic Growth ETF

A number of institutional investors have recently bought and sold shares of FDG. Advisortrust Partners LLC acquired a new position in shares of American Century Focused Dynamic Growth ETF in the 1st quarter valued at $135,000. First PREMIER Bank purchased a new stake in American Century Focused Dynamic Growth ETF during the 2nd quarter valued at about $283,000. Realta Investment Advisors increased its holdings in shares of American Century Focused Dynamic Growth ETF by 33.0% in the first quarter. Realta Investment Advisors now owns 2,738 shares of the company’s stock valued at $312,000 after purchasing an additional 679 shares during the period. Kestra Advisory Services LLC increased its holdings in shares of American Century Focused Dynamic Growth ETF by 117.6% in the first quarter. Kestra Advisory Services LLC now owns 4,030 shares of the company’s stock valued at $460,000 after purchasing an additional 2,178 shares during the period. Finally, Acorn Wealth Advisors LLC purchased a new position in shares of American Century Focused Dynamic Growth ETF in the second quarter worth about $613,000.

American Century Focused Dynamic Growth ETF Price Performance

American Century Focused Dynamic Growth ETF stock 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 stock’s 50-day simple moving average is $131.29 and its 200-day simple moving average is $129.68. American Century Focused Dynamic Growth ETF has a 52-week low of $108.74 and a 52-week high of $141.46. The stock has a market capitalization of $428.48 million, a P/E ratio of 34.07 and a beta of 1.28.

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.