American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Update

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 5,400 shares, a growth of 285.7% from the August 31st total of 1,400 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 1.6 days.

American Century Short Duration Strategic Income ETF Trading Down 0.2 %

Shares of SDSI traded down $0.09 during mid-day trading on Wednesday, reaching $51.88. The stock had a trading volume of 818 shares, compared to its average volume of 6,905. American Century Short Duration Strategic Income ETF has a 52-week low of $49.97 and a 52-week high of $52.01. The business’s fifty day moving average is $51.53 and its 200 day moving average is $51.04.

American Century Short Duration Strategic Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.2623 dividend. This represents a $3.15 dividend on an annualized basis and a dividend yield of 6.07%. The ex-dividend date was Tuesday, September 3rd.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

A number of hedge funds have recently modified their holdings of the company. Weaver Consulting Group grew its holdings in shares of American Century Short Duration Strategic Income ETF by 14.8% in the first quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock valued at $277,000 after purchasing an additional 700 shares during the period. B. Riley Wealth Advisors Inc. purchased a new position in American Century Short Duration Strategic Income ETF during the second quarter worth about $212,000. Cambridge Investment Research Advisors Inc. boosted its stake in American Century Short Duration Strategic Income ETF by 67.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after buying an additional 13,362 shares during the period. Bank of Montreal Can purchased a new position in American Century Short Duration Strategic Income ETF during the second quarter worth about $803,000. Finally, Unique Wealth LLC purchased a new position in American Century Short Duration Strategic Income ETF during the first quarter worth about $1,204,000.

American Century Short Duration Strategic Income ETF Company Profile

The American Century Short Duration Strategic Income ETF (SDSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a broad portfolio of short-duration fixed income securities. The fund seeks to mitigate the impact of rising interest rates. SDSI was launched on Oct 11, 2022 and is managed by American Century Investments.