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

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 6,408 shares, a decline of 55.6% from the June 30th total of 14,448 shares. Based on an average daily trading volume, of 9,859 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

American Century Focused Dynamic Growth ETF Trading Down 1.5%

Shares of FDG traded down $1.91 on Tuesday, reaching $122.13. 11,922 shares of the company’s stock traded hands, compared to its average volume of 19,570. The stock’s 50 day simple moving average is $133.00 and its two-hundred day simple moving average is $126.93. The stock has a market cap of $381.05 million, a PE ratio of 34.07 and a beta of 1.28. American Century Focused Dynamic Growth ETF has a 52-week low of $108.74 and a 52-week high of $141.46.

Institutional Investors Weigh In On American Century Focused Dynamic Growth ETF

Several large investors have recently made changes to their positions in the business. NBC Securities Inc. grew its position in American Century Focused Dynamic Growth ETF by 102.5% during the fourth quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $102,000 after buying an additional 406 shares during the period. Advisortrust Partners LLC purchased a new position in American Century Focused Dynamic Growth ETF in the first quarter valued at about $135,000. Lloyd Advisory Services LLC. purchased a new position in American Century Focused Dynamic Growth ETF in the fourth quarter valued at about $167,000. Realta Investment Advisors bought a new position in shares of American Century Focused Dynamic Growth ETF during the 4th quarter valued at approximately $261,000. Finally, High Falls Advisors Inc bought a new position in shares of American Century Focused Dynamic Growth ETF during the 2nd quarter valued at approximately $302,000.

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.