American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Shares Shorted: Short Interest Down 90.4% in October

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 1,909 shares, a drop of 90.4% from the October 15th total of 19,796 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 25,372 shares, the short-interest ratio is presently 0.1 days.

American Century Focused Dynamic Growth ETF Stock Performance

Shares of NYSEARCA FDG traded up $2.02 during midday trading on Wednesday, hitting $123.25. 2,283 shares of the company traded hands, compared to its average volume of 16,526. American Century Focused Dynamic Growth ETF has a 12-month low of $108.74 and a 12-month high of $141.46. The stock has a 50-day moving average price of $131.11 and a 200 day moving average price of $128.43. The firm has a market cap of $414.10 million, a P/E ratio of 34.07 and a beta of 1.30.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. WorthPointe LLC bought a new stake in shares of American Century Focused Dynamic Growth ETF during the second quarter valued at approximately $29,562,000. Greenspring Advisors LLC bought a new stake in shares of American Century Focused Dynamic Growth ETF during the 2nd quarter valued at $23,196,000. Nwam LLC purchased a new stake in shares of American Century Focused Dynamic Growth ETF in the 2nd quarter worth about $19,879,000. Orion Capital Management LLC purchased a new stake in shares of American Century Focused Dynamic Growth ETF in the 2nd quarter worth about $17,688,000. Finally, Buttonwood Financial Group LLC bought a new position in shares of American Century Focused Dynamic Growth ETF in the 2nd quarter worth about $8,625,000.

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.