American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Stock Short Interest Drops 90.4%

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. HighTower Advisors LLC bought a new stake in American Century Focused Dynamic Growth ETF in the 3rd quarter worth about $2,001,000. Keybank National Association OH bought a new position in American Century Focused Dynamic Growth ETF during the 3rd quarter valued at about $348,000. Commonwealth Equity Services LLC purchased a new stake in shares of American Century Focused Dynamic Growth ETF during the 3rd quarter valued at about $6,494,000. ERn Financial LLC boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 56.2% during the 3rd quarter. ERn Financial LLC now owns 110,888 shares of the company’s stock valued at $14,872,000 after acquiring an additional 39,883 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of American Century Focused Dynamic Growth ETF by 8.5% in the third quarter. Farther Finance Advisors LLC now owns 41,942 shares of the company’s stock worth $5,625,000 after acquiring an additional 3,276 shares during the period.

American Century Focused Dynamic Growth ETF Trading Down 1.8%

FDG traded down $2.26 during trading on Friday, hitting $120.33. 15,487 shares of the company’s stock traded hands, compared to its average volume of 16,508. The company’s 50 day simple moving average is $130.80 and its two-hundred day simple moving average is $128.38. 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 market capitalization of $406.71 million, a price-to-earnings ratio of 34.07 and a beta of 1.30.

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.