Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Expands By 225.8%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 10,100 shares, a growth of 225.8% from the February 28th total of 3,100 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 1.1 days.

American Century Short Duration Strategic Income ETF Trading Up 0.1 %

Shares of American Century Short Duration Strategic Income ETF stock traded up $0.03 on Friday, reaching $51.25. 328 shares of the stock were exchanged, compared to its average volume of 7,712. The business has a 50 day moving average price of $51.16 and a two-hundred day moving average price of $51.22. American Century Short Duration Strategic Income ETF has a twelve month low of $50.35 and a twelve month high of $52.01.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

Several hedge funds have recently added to or reduced their stakes in SDSI. U.S. Capital Wealth Advisors LLC increased its stake in shares of American Century Short Duration Strategic Income ETF by 27.5% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock worth $302,000 after purchasing an additional 1,279 shares in the last quarter. Joseph P. Lucia & Associates LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter valued at $498,000. TAP Consulting LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF during the 4th quarter worth about $1,554,000. HighTower Advisors LLC purchased a new stake in American Century Short Duration Strategic Income ETF in the 4th quarter valued at about $9,025,000. Finally, IFP Advisors Inc lifted its position in American Century Short Duration Strategic Income ETF by 40.6% in the fourth quarter. IFP Advisors Inc now owns 15,342 shares of the company’s stock valued at $780,000 after buying an additional 4,433 shares during 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.