American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Stock Short Interest Report for October

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 42,084 shares, an increase of 76.2% from the September 30th total of 23,889 shares. Based on an average daily volume of 89,839 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are short sold.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Simplicity Wealth LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the 3rd quarter valued at approximately $9,844,000. Kestra Private Wealth Services LLC grew its holdings in American Century Short Duration Strategic Income ETF by 117.9% during the third quarter. Kestra Private Wealth Services LLC now owns 103,021 shares of the company’s stock worth $5,207,000 after acquiring an additional 55,743 shares during the period. Round Rock Advisors LLC lifted its holdings in American Century Short Duration Strategic Income ETF by 12.7% in the second quarter. Round Rock Advisors LLC now owns 324,038 shares of the company’s stock valued at $16,639,000 after acquiring an additional 36,516 shares during the period. IFP Advisors Inc boosted its position in shares of American Century Short Duration Strategic Income ETF by 30.1% during the 3rd quarter. IFP Advisors Inc now owns 83,015 shares of the company’s stock worth $4,196,000 after purchasing an additional 19,206 shares in the last quarter. Finally, Core Wealth Advisors Inc. boosted its position in shares of American Century Short Duration Strategic Income ETF by 143.2% during the 1st quarter. Core Wealth Advisors Inc. now owns 28,344 shares of the company’s stock worth $1,454,000 after purchasing an additional 16,691 shares in the last quarter.

American Century Short Duration Strategic Income ETF Price Performance

Shares of SDSI traded up $0.04 during midday trading on Tuesday, reaching $50.73. The stock had a trading volume of 10,940 shares, compared to its average volume of 31,998. The company’s fifty day simple moving average is $50.71 and its two-hundred day simple moving average is $51.21. American Century Short Duration Strategic Income ETF has a 1-year low of $50.16 and a 1-year high of $52.04.

American Century Short Duration Strategic Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 8th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.1812 per share. The ex-dividend date of this dividend was Tuesday, October 6th. This is a negative change from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.1870. This represents a $2.17 annualized dividend and a dividend yield of 4.3%.

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.