Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Decreases By 40.0%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,800 shares, a drop of 40.0% from the December 15th total of 3,000 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is presently 0.2 days.

American Century Short Duration Strategic Income ETF Trading Up 0.1 %

Shares of SDSI stock traded up $0.04 on Tuesday, reaching $50.86. The company’s stock had a trading volume of 922 shares, compared to its average volume of 5,265. The stock’s fifty day simple moving average is $51.00 and its 200-day simple moving average is $51.28. American Century Short Duration Strategic Income ETF has a 1 year low of $50.35 and a 1 year high of $52.01.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.2826 per share. This is an increase from American Century Short Duration Strategic Income ETF’s previous dividend of $0.21. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of American Century Short Duration Strategic Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in SDSI. Unique Wealth LLC grew its stake in American Century Short Duration Strategic Income ETF by 45.3% in the fourth quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock valued at $767,000 after purchasing an additional 4,702 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in American Century Short Duration Strategic Income ETF in the second quarter valued at about $212,000. Bank of Montreal Can purchased a new position in American Century Short Duration Strategic Income ETF in the second quarter valued at about $803,000. Finally, American Century Companies Inc. grew its stake in American Century Short Duration Strategic Income ETF by 131.7% in the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock valued at $28,624,000 after purchasing an additional 319,603 shares during the last quarter.

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.