Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Decreases By 50.2%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 14,651 shares, a decrease of 50.2% from the July 15th total of 29,410 shares. Based on an average daily volume of 32,703 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

American Century Short Duration Strategic Income ETF Price Performance

SDSI opened at $51.20 on Friday. American Century Short Duration Strategic Income ETF has a one year low of $50.97 and a one year high of $52.04. The company’s 50 day simple moving average is $51.22 and its 200-day simple moving average is $51.37.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Thursday, August 6th were issued a dividend of $0.209 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a c) annualized dividend and a yield of 4.9%. This is a positive change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.20.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC acquired a new position in American Century Short Duration Strategic Income ETF during the 4th quarter valued at about $127,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of American Century Short Duration Strategic Income ETF during the first quarter worth approximately $227,000. Beacon Financial Advisory LLC acquired a new position in American Century Short Duration Strategic Income ETF in the first quarter valued at approximately $231,000. Weaver Consulting Group lifted its holdings in American Century Short Duration Strategic Income ETF by 13.7% in the fourth quarter. Weaver Consulting Group now owns 8,316 shares of the company’s stock valued at $429,000 after buying an additional 1,000 shares during the period. Finally, Peak Planning Group LLC bought a new position in American Century Short Duration Strategic Income ETF in the fourth quarter valued at approximately $536,000.

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.