American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Update

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of 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 trading volume of 32,703 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of NASDAQ:SDSI opened at $51.20 on Friday. American Century Short Duration Strategic Income ETF has a 52 week low of $50.97 and a 52 week high of $52.04. The company’s fifty day moving average is $51.22 and its 200-day moving average is $51.37.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Investors 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 an increase 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

Several hedge funds have recently modified their holdings of SDSI. Steward Partners Investment Advisory LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $127,000. Nations Financial Group Inc. IA ADV bought a new position in American Century Short Duration Strategic Income ETF in the 1st quarter valued at $227,000. Beacon Financial Advisory LLC acquired a new position in American Century Short Duration Strategic Income ETF in the first quarter worth $231,000. Weaver Consulting Group grew its holdings in shares of American Century Short Duration Strategic Income ETF by 13.7% during the fourth quarter. Weaver Consulting Group now owns 8,316 shares of the company’s stock worth $429,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Peak Planning Group LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the fourth quarter valued at $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.