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 growth in short interest in the month of September. As of September 15th, there was short interest totaling 11,925 shares, a growth of 78.5% from the August 31st total of 6,682 shares. Based on an average daily volume of 5,672 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of American Century Focused Dynamic Growth ETF

Large investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in American Century Focused Dynamic Growth ETF by 0.4% during the 2nd 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 in the last quarter. WorthPointe LLC purchased a new position in shares of American Century Focused Dynamic Growth ETF in the second quarter valued at $29,562,000. Bank of New York Mellon Corp boosted its stake in shares of American Century Focused Dynamic Growth ETF by 11.2% in the first quarter. Bank of New York Mellon Corp now owns 247,468 shares of the company’s stock valued at $28,224,000 after purchasing an additional 24,932 shares during the period. Greenspring Advisors LLC acquired a new stake in American Century Focused Dynamic Growth ETF during the 2nd quarter valued at $23,196,000. Finally, Nwam LLC acquired a new stake in American Century Focused Dynamic Growth ETF during the 2nd quarter valued at $19,879,000.

American Century Focused Dynamic Growth ETF Price Performance

NYSEARCA FDG traded down $0.20 during mid-day trading on Wednesday, hitting $134.12. The company’s stock had a trading volume of 7,942 shares, compared to its average volume of 16,731. The firm has a market capitalization of $427.84 million, a P/E 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. The stock’s fifty day simple moving average is $131.39 and its two-hundred day simple moving average is $129.78.

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.