American Century Short Duration Strategic Income ETF (NASDAQ:SDSI – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 5,500 shares, an increase of 57.1% from the September 30th total of 3,500 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is presently 0.9 days.
American Century Short Duration Strategic Income ETF Stock Performance
Shares of SDSI stock traded down $0.05 on Friday, reaching $51.36. The company had a trading volume of 1,989 shares, compared to its average volume of 7,491. The company has a 50-day moving average of $51.63 and a 200-day moving average of $51.16. American Century Short Duration Strategic Income ETF has a 12 month low of $50.01 and a 12 month high of $52.01.
American Century Short Duration Strategic Income ETF Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.241 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $2.89 annualized dividend and a yield of 5.63%.
Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF
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.
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