American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Large Drop in Short Interest

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 11,000 shares, a decrease of 29.5% from the January 15th total of 15,600 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. U.S. Capital Wealth Advisors LLC grew its holdings in shares of American Century Short Duration Strategic Income ETF by 27.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock worth $302,000 after purchasing an additional 1,279 shares during the last quarter. Joseph P. Lucia & Associates LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter worth $498,000. Tandem Financial LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter worth $126,000. Unique Wealth LLC lifted its position in American Century Short Duration Strategic Income ETF by 45.3% during the fourth quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock valued at $767,000 after buying an additional 4,702 shares during the period. Finally, Jane Street Group LLC lifted its position in American Century Short Duration Strategic Income ETF by 34.9% during the fourth quarter. Jane Street Group LLC now owns 13,737 shares of the company’s stock valued at $699,000 after buying an additional 3,552 shares during the period.

American Century Short Duration Strategic Income ETF Stock Up 0.2 %

Shares of SDSI stock traded up $0.11 during trading on Friday, hitting $51.14. The company had a trading volume of 66,961 shares, compared to its average volume of 10,259. The stock’s 50-day moving average is $50.98 and its two-hundred day moving average is $51.28. American Century Short Duration Strategic Income ETF has a 52 week low of $50.35 and a 52 week high of $52.01.

American Century Short Duration Strategic Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.1997 dividend. The ex-dividend date was Monday, February 3rd.

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.