American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Stock Short Interest Report for October

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 42,084 shares, a growth of 76.2% from the September 30th total of 23,889 shares. Based on an average daily volume of 89,839 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the shares of the stock are sold short.

American Century Short Duration Strategic Income ETF Stock Up 0.1%

Shares of NASDAQ SDSI traded up $0.06 during midday trading on Friday, reaching $50.69. 22,678 shares of the company traded hands, compared to its average volume of 32,042. American Century Short Duration Strategic Income ETF has a 12 month low of $50.16 and a 12 month high of $52.04. The stock’s 50-day simple moving average is $50.72 and its 200-day simple moving average is $51.22.

American Century Short Duration Strategic Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 8th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.1812 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.17 dividend on an annualized basis and a yield of 4.3%. This is a decrease from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.1870.

Institutional Trading of American Century Short Duration Strategic Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Private Wealth Services LLC increased its position in shares of American Century Short Duration Strategic Income ETF by 117.9% during the third quarter. Kestra Private Wealth Services LLC now owns 103,021 shares of the company’s stock worth $5,207,000 after acquiring an additional 55,743 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the third quarter valued at approximately $579,000. Simplicity Wealth LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF during the 3rd quarter worth approximately $9,844,000. IFP Advisors Inc increased its holdings in shares of American Century Short Duration Strategic Income ETF by 30.1% in the third quarter. IFP Advisors Inc now owns 83,015 shares of the company’s stock valued at $4,196,000 after purchasing an additional 19,206 shares during the last quarter. Finally, Clearview Wealth Management LLC lifted its position in American Century Short Duration Strategic Income ETF by 6.6% during the third quarter. Clearview Wealth Management LLC now owns 55,586 shares of the company’s stock worth $2,809,000 after acquiring an additional 3,431 shares during 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.