American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Significant Growth in Short Interest

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 19,900 shares, a growth of 161.8% from the May 31st total of 7,600 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is presently 2.0 days.

Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF

An institutional investor recently raised its position in American Century Short Duration Strategic Income ETF stock. Weaver Consulting Group lifted its stake in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,442 shares of the company’s stock after buying an additional 700 shares during the quarter. Weaver Consulting Group owned about 0.91% of American Century Short Duration Strategic Income ETF worth $277,000 as of its most recent filing with the Securities & Exchange Commission.

American Century Short Duration Strategic Income ETF Price Performance

Shares of American Century Short Duration Strategic Income ETF stock traded down $0.01 during midday trading on Friday, reaching $50.91. The company had a trading volume of 259 shares, compared to its average volume of 8,575. American Century Short Duration Strategic Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $51.14. The stock has a fifty day moving average price of $50.75 and a 200 day moving average price of $50.77.

American Century Short Duration Strategic Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.2188 per share. This represents a $2.63 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Monday, June 3rd.

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.