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) saw a significant increase in short interest in 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 short-interest ratio is currently 2.1 days. Approximately 0.4% of the company’s stock are sold short.

American Century Focused Dynamic Growth ETF Stock Performance

Shares of NYSEARCA:FDG traded up $1.00 on Thursday, hitting $135.12. 3,324 shares of the company’s stock were exchanged, compared to its average volume of 16,650. American Century Focused Dynamic Growth ETF has a 1-year low of $108.74 and a 1-year high of $141.46. The company has a market capitalization of $431.05 million, a PE ratio of 34.07 and a beta of 1.28. The firm’s 50-day moving average is $131.50 and its 200 day moving average is $129.89.

Hedge Funds Weigh In On American Century Focused Dynamic Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FDG. Realta Investment Advisors raised its holdings in American Century Focused Dynamic Growth ETF by 33.0% during the first quarter. Realta Investment Advisors now owns 2,738 shares of the company’s stock worth $312,000 after purchasing an additional 679 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 5.9% in the 4th quarter. HighTower Advisors LLC now owns 15,521 shares of the company’s stock valued at $1,969,000 after buying an additional 859 shares in the last quarter. Cetera Investment Advisers grew its position in shares of American Century Focused Dynamic Growth ETF by 18.4% in the 1st quarter. Cetera Investment Advisers now owns 6,930 shares of the company’s stock valued at $790,000 after buying an additional 1,077 shares during the last quarter. Networth Advisors LLC grew its position in shares of American Century Focused Dynamic Growth ETF by 2.9% in the 1st quarter. Networth Advisors LLC now owns 38,310 shares of the company’s stock valued at $4,369,000 after buying an additional 1,090 shares during the last quarter. Finally, Advisortrust Partners LLC acquired a new stake in American Century Focused Dynamic Growth ETF during the 1st quarter worth $135,000.

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.