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 drop in short interest during the month of May. As of May 15th, there was short interest totaling 18,317 shares, a drop of 93.9% from the April 30th total of 300,671 shares. Based on an average daily volume of 12,046 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. American Century Companies Inc. raised its stake in American Century Short Duration Strategic Income ETF by 67.2% during the 3rd quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock worth $48,605,000 after acquiring an additional 377,775 shares during the period. Round Rock Advisors LLC raised its stake in American Century Short Duration Strategic Income ETF by 42.2% during the 4th quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock worth $12,271,000 after acquiring an additional 70,614 shares during the period. Prevail Innovative Wealth Advisors LLC raised its stake in American Century Short Duration Strategic Income ETF by 107.9% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock worth $4,279,000 after acquiring an additional 43,057 shares during the period. Envestnet Asset Management Inc. raised its stake in American Century Short Duration Strategic Income ETF by 56.8% during the 3rd 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. Finally, HighTower Advisors LLC raised its position in shares of American Century Short Duration Strategic Income ETF by 18.0% during the fourth quarter. HighTower Advisors LLC now owns 151,391 shares of the company’s stock valued at $7,809,000 after buying an additional 23,098 shares during the last quarter.

American Century Short Duration Strategic Income ETF Stock Up 0.1%

American Century Short Duration Strategic Income ETF stock traded up $0.05 during midday trading on Friday, reaching $51.43. 10,608 shares of the company traded hands, compared to its average volume of 21,623. The business has a 50 day moving average of $51.31 and a two-hundred day moving average of $51.52. American Century Short Duration Strategic Income ETF has a 12 month low of $50.97 and a 12 month high of $52.04.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, May 8th. Investors of record on Wednesday, May 6th were issued a $0.1753 dividend. The ex-dividend date of this dividend was Wednesday, May 6th.

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.