American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Up 114.3% in December

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 3,000 shares, an increase of 114.3% from the November 30th total of 1,400 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 0.4 days.

American Century Short Duration Strategic Income ETF Trading Down 0.1 %

NASDAQ SDSI traded down $0.03 during trading hours on Friday, hitting $50.76. 774 shares of the stock were exchanged, compared to its average volume of 7,118. American Century Short Duration Strategic Income ETF has a 12-month low of $50.35 and a 12-month high of $52.01. The stock has a 50-day moving average of $51.10 and a 200 day moving average of $51.27.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.2826 per share. This is an increase from American Century Short Duration Strategic Income ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Trading of American Century Short Duration Strategic Income ETF

Hedge funds have recently modified their holdings of the business. American Century Companies Inc. grew its holdings 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 period. Cambridge Investment Research Advisors Inc. grew its stake in shares of American Century Short Duration Strategic Income ETF by 67.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after purchasing an additional 13,362 shares during the period. Bank of Montreal Can acquired a new position in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter worth $803,000. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of American Century Short Duration Strategic Income ETF in the 2nd quarter valued at about $212,000.

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.