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 increase in short interest during the month of November. As of November 15th, there was short interest totalling 19,700 shares, an increase of 418.4% from the October 31st total of 3,800 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is presently 2.6 days.

American Century Short Duration Strategic Income ETF Price Performance

NASDAQ SDSI traded up $0.05 during trading hours on Friday, reaching $51.27. The stock had a trading volume of 195 shares, compared to its average volume of 7,382. American Century Short Duration Strategic Income ETF has a 52-week low of $50.35 and a 52-week high of $52.01. The stock has a fifty day moving average of $51.35 and a 200 day moving average of $51.24.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.2329 per share. The ex-dividend date was Friday, November 1st. This represents a $2.79 annualized dividend and a dividend yield of 5.45%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. purchased a new position in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter valued at about $212,000. Cambridge Investment Research Advisors Inc. grew its holdings 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 period. Bank of Montreal Can purchased a new position in American Century Short Duration Strategic Income ETF during the second quarter valued at approximately $803,000. Finally, American Century Companies Inc. lifted its holdings in American Century Short Duration Strategic Income ETF by 131.7% in the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock valued at $28,624,000 after acquiring an additional 319,603 shares during the period.

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.