American Century Short Duration Strategic Income ETF (NASDAQ:SDSI – Get Free Report) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 3,800 shares, a decline of 30.9% from the October 15th total of 5,500 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Trading of American Century Short Duration Strategic Income ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. B. Riley Wealth Advisors Inc. bought a new position in American Century Short Duration Strategic Income ETF during the 2nd quarter valued at $212,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of 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 purchasing an additional 13,362 shares during the last quarter. Bank of Montreal Can acquired a new position in American Century Short Duration Strategic Income ETF in the second quarter worth about $803,000. Finally, American Century Companies Inc. increased 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 buying an additional 319,603 shares during the last quarter.
American Century Short Duration Strategic Income ETF Price Performance
NASDAQ SDSI traded up $0.01 during mid-day trading on Friday, reaching $51.04. 8,717 shares of the company’s stock traded hands, compared to its average volume of 7,439. American Century Short Duration Strategic Income ETF has a 1-year low of $50.22 and a 1-year high of $52.01. The company has a fifty day simple moving average of $51.49 and a 200-day simple moving average of $51.21.
American Century Short Duration Strategic Income ETF Cuts Dividend
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.
Read More
- Five stocks we like better than American Century Short Duration Strategic Income ETF
- 3 Stocks to Consider Buying in October
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- Manufacturing Stocks Investing
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Investing in Commodities: What Are They? How to Invest in Them
- Time to Load Up on Home Builders?
Receive News & Ratings for American Century Short Duration Strategic Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Century Short Duration Strategic Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.