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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 7,200 shares, a drop of 34.5% from the January 31st total of 11,000 shares. Based on an average daily volume of 7,800 shares, the short-interest ratio is presently 0.9 days.

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

Several large investors have recently modified their holdings of SDSI. HighTower Advisors LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter valued at approximately $9,025,000. TAP Consulting LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the fourth quarter valued at approximately $1,554,000. Envestnet Asset Management Inc. increased its position in shares of American Century Short Duration Strategic Income ETF by 46.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 45,278 shares of the company’s stock worth $2,303,000 after acquiring an additional 14,260 shares in the last quarter. Joseph P. Lucia & Associates LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the fourth quarter worth $498,000. Finally, Unique Wealth LLC raised its holdings in shares of 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 worth $767,000 after acquiring an additional 4,702 shares during the period.

American Century Short Duration Strategic Income ETF Trading Up 0.1 %

Shares of NASDAQ SDSI traded up $0.06 during midday trading on Tuesday, reaching $51.26. 11,667 shares of the stock were exchanged, compared to its average volume of 10,275. American Century Short Duration Strategic Income ETF has a 12 month low of $50.35 and a 12 month high of $52.01. The business has a 50-day simple moving average of $51.04 and a two-hundred day simple moving average of $51.27.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be paid a $0.22 dividend. This is a boost from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20. The ex-dividend date of this dividend is Monday, March 3rd.

About American Century Short Duration Strategic Income ETF

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.