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 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

Institutional investors and hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. acquired a new stake in American Century Short Duration Strategic Income ETF during the 2nd quarter worth $212,000. Bank of Montreal Can acquired a new stake in shares of American Century Short Duration Strategic Income ETF during the second quarter worth about $803,000. American Century Companies Inc. lifted its holdings in shares of American Century Short Duration Strategic Income ETF by 131.7% during the 2nd 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 in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of American Century Short Duration Strategic Income ETF by 67.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock valued at $1,695,000 after purchasing an additional 13,362 shares in 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.