American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Down 40.0% in December

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,800 shares, a decline of 40.0% from the December 15th total of 3,000 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 0.2 days.

American Century Short Duration Strategic Income ETF Trading Up 0.2 %

SDSI stock traded up $0.12 during trading on Thursday, hitting $51.10. 11,769 shares of the company traded hands, compared to its average volume of 5,907. The company has a 50-day moving average of $50.99 and a 200-day moving average of $51.27. American Century Short Duration Strategic Income ETF has a 1 year low of $50.35 and a 1 year high of $52.01.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Tuesday, December 17th. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SDSI. B. Riley Wealth Advisors Inc. purchased a new stake in American Century Short Duration Strategic Income ETF during the 2nd quarter valued at $212,000. Unique Wealth LLC increased its position in shares of American Century Short Duration Strategic Income ETF by 45.3% in the fourth quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock valued at $767,000 after acquiring an additional 4,702 shares during the period. Bank of Montreal Can bought a new position in shares of American Century Short Duration Strategic Income ETF during the second quarter valued at about $803,000. Finally, American Century Companies Inc. boosted its holdings in shares of 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 purchasing 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.