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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 20,610 shares, a growth of 113.7% from the December 31st total of 9,646 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 23,170 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 23,170 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company’s shares are short sold.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. boosted its stake in shares of American Century Short Duration Strategic Income ETF by 67.2% during the third quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock valued at $48,605,000 after purchasing an additional 377,775 shares during the period. Round Rock Advisors LLC lifted its holdings in American Century Short Duration Strategic Income ETF by 42.2% during the 4th quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock valued at $12,271,000 after buying an additional 70,614 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in American Century Short Duration Strategic Income ETF by 56.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 79,017 shares of the company’s stock valued at $4,086,000 after buying an additional 28,617 shares during the period. Prevail Innovative Wealth Advisors LLC grew its stake in American Century Short Duration Strategic Income ETF by 77.8% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 39,910 shares of the company’s stock worth $2,064,000 after acquiring an additional 17,463 shares in the last quarter. Finally, Investment Advisory Group LLC purchased a new position in shares of American Century Short Duration Strategic Income ETF during the fourth quarter worth approximately $851,000.

American Century Short Duration Strategic Income ETF Price Performance

Shares of NASDAQ SDSI opened at $51.84 on Friday. American Century Short Duration Strategic Income ETF has a 1 year low of $46.99 and a 1 year high of $51.95. The firm has a 50-day simple moving average of $51.64 and a two-hundred day simple moving average of $51.59.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were issued a dividend of $0.2582 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Tuesday, December 16th. This is an increase from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.18.

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.