American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Update

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 20,610 shares, a growth of 113.7% from the December 31st total of 9,646 shares. Based on an average daily trading volume, of 23,170 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 23,170 shares, the days-to-cover ratio is presently 0.9 days.

American Century Short Duration Strategic Income ETF Stock Down 0.0%

American Century Short Duration Strategic Income ETF stock traded down $0.01 during mid-day trading on Friday, hitting $51.80. 415 shares of the company’s stock traded hands, compared to its average volume of 21,201. American Century Short Duration Strategic Income ETF has a one year low of $46.99 and a one year high of $51.95. The firm has a 50 day moving average price of $51.63 and a 200 day moving average price of $51.59.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.2582 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.18.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. lifted its position in American Century Short Duration Strategic Income ETF by 67.2% in the third quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock worth $48,605,000 after purchasing an additional 377,775 shares during the period. Round Rock Advisors LLC boosted its stake in American Century Short Duration Strategic Income ETF by 42.2% during the fourth quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock valued at $12,271,000 after buying an additional 70,614 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in American Century Short Duration Strategic Income ETF by 56.8% during the third quarter. Envestnet Asset Management Inc. now owns 79,017 shares of the company’s stock worth $4,086,000 after acquiring an additional 28,617 shares during the period. Prevail Innovative Wealth Advisors LLC lifted its holdings in American Century Short Duration Strategic Income ETF by 77.8% in the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 39,910 shares of the company’s stock valued at $2,064,000 after acquiring an additional 17,463 shares during the last quarter. Finally, Investment Advisory Group LLC bought a new position in shares of American Century Short Duration Strategic Income ETF during the 4th quarter valued at about $851,000.

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.