Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Declines By 92.3%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large drop in short interest in July. As of July 15th, there was short interest totalling 100 shares, a drop of 92.3% from the June 30th total of 1,300 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 0.0 days.

American Century Short Duration Strategic Income ETF Trading Up 0.1 %

Shares of NASDAQ SDSI traded up $0.03 during mid-day trading on Friday, hitting $51.22. The company had a trading volume of 5,040 shares, compared to its average volume of 7,945. American Century Short Duration Strategic Income ETF has a 12 month low of $49.97 and a 12 month high of $51.30. The firm’s 50 day simple moving average is $50.89 and its two-hundred day simple moving average is $50.81.

American Century Short Duration Strategic Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a $0.1869 dividend. This represents a $2.24 annualized dividend and a dividend yield of 4.38%. The ex-dividend date was Monday, July 1st.

Institutional Trading of American Century Short Duration Strategic Income ETF

Several hedge funds have recently made changes to their positions in SDSI. Unique Wealth LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF in the 1st quarter worth approximately $1,204,000. Cambridge Investment Research Advisors Inc. raised its stake in 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 acquiring an additional 13,362 shares in the last quarter. Finally, Weaver Consulting Group raised its stake in American Century Short Duration Strategic Income ETF by 14.8% during the 1st quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock valued at $277,000 after acquiring an additional 700 shares in the last quarter.

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.