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 large growth in short interest during the month of April. As of April 30th, there was short interest totaling 300,671 shares, a growth of 3,530.0% from the April 15th total of 8,283 shares. Approximately 8.0% of the shares of the company are sold short. Based on an average daily trading volume, of 45,078 shares, the days-to-cover ratio is presently 6.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SDSI. American Century Companies Inc. grew its stake in shares of American Century Short Duration Strategic Income ETF by 67.2% in the 3rd 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 last quarter. Round Rock Advisors LLC grew its stake in shares of American Century Short Duration Strategic Income ETF by 42.2% in the 4th quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock valued at $12,271,000 after purchasing an additional 70,614 shares during the last quarter. Prevail Innovative Wealth Advisors LLC grew its stake in shares of American Century Short Duration Strategic Income ETF by 107.9% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock valued at $4,279,000 after purchasing an additional 43,057 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of 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 purchasing an additional 28,617 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of American Century Short Duration Strategic Income ETF by 18.0% in the 4th quarter. HighTower Advisors LLC now owns 151,391 shares of the company’s stock valued at $7,809,000 after purchasing an additional 23,098 shares during the last quarter.

American Century Short Duration Strategic Income ETF Stock Performance

NASDAQ:SDSI opened at $51.31 on Tuesday. The stock’s 50 day moving average price is $51.36 and its 200 day moving average price is $51.56. American Century Short Duration Strategic Income ETF has a 52-week low of $50.86 and a 52-week high of $52.04.

American Century Short Duration Strategic Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, May 8th. Investors of record on Wednesday, May 6th were paid a dividend of $0.1753 per share. The ex-dividend date was Wednesday, May 6th.

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.