Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Expands By 1,400.0%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large increase in short interest in July. As of July 31st, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the July 15th total of 100 shares. Based on an average trading volume of 10,200 shares, the short-interest ratio is presently 0.1 days.

American Century Short Duration Strategic Income ETF Price Performance

Shares of SDSI stock traded up $0.14 during trading hours on Tuesday, reaching $51.51. The company had a trading volume of 3,789 shares, compared to its average volume of 7,643. American Century Short Duration Strategic Income ETF has a 12-month low of $49.97 and a 12-month high of $51.63. The stock has a fifty day moving average of $51.03 and a 200-day moving average of $50.84.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were issued a $0.2429 dividend. This is a boost from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.19. This represents a $2.91 annualized dividend and a yield of 5.66%. The ex-dividend date was Thursday, August 1st.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Unique Wealth LLC purchased a new stake in shares of American Century Short Duration Strategic Income ETF in the 1st quarter valued at approximately $1,204,000. Weaver Consulting Group grew its position in American Century Short Duration Strategic Income ETF by 14.8% in the first quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock worth $277,000 after acquiring an additional 700 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in American Century Short Duration Strategic Income ETF by 67.1% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after acquiring an additional 13,362 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in American Century Short Duration Strategic Income ETF by 131.7% during the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock worth $28,624,000 after acquiring an additional 319,603 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.