American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Shares Shorted: Short Interest Down 57.6% in September

by · The Markets Daily

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 5,051 shares, a decline of 57.6% from the September 15th total of 11,925 shares. Based on an average trading volume of 8,211 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the stock are short sold.

American Century Focused Dynamic Growth ETF Price Performance

Shares of NYSEARCA FDG traded down $0.34 during mid-day trading on Thursday, hitting $132.53. 3,612 shares of the company’s stock traded hands, compared to its average volume of 16,274. The company has a market capitalization of $418.79 million, a P/E ratio of 34.07 and a beta of 1.29. American Century Focused Dynamic Growth ETF has a 1 year low of $108.74 and a 1 year high of $141.46. The company’s 50-day moving average is $133.65 and its two-hundred day moving average is $131.50.

Institutional Investors Weigh In On American Century Focused Dynamic Growth ETF

Several hedge funds have recently modified their holdings of FDG. Acorn Wealth Advisors LLC acquired a new stake in American Century Focused Dynamic Growth ETF during the second quarter worth about $613,000. Greenspring Advisors LLC acquired a new stake in shares of American Century Focused Dynamic Growth ETF in the second quarter worth approximately $23,196,000. Mayport LLC purchased a new stake in shares of American Century Focused Dynamic Growth ETF during the second quarter worth $955,000. Strategic Advisors LLC acquired a new position in shares of American Century Focused Dynamic Growth ETF during the 2nd quarter worth approximately $1,128,000. Finally, Orion Capital Management LLC purchased a new stake in American Century Focused Dynamic Growth ETF in the 2nd quarter valued at $17,688,000.

American Century Focused Dynamic Growth ETF Company Profile

(Get Free Report)

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.

Featured Articles