American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Up 418.4% in November

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 19,700 shares, a growth of 418.4% from the October 31st total of 3,800 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is presently 2.6 days.

American Century Short Duration Strategic Income ETF Stock Up 0.1 %

Shares of SDSI traded up $0.07 on Thursday, hitting $51.21. The company’s stock had a trading volume of 4,341 shares, compared to its average volume of 7,413. The company has a 50 day moving average price of $51.38 and a 200 day moving average price of $51.24. American Century Short Duration Strategic Income ETF has a fifty-two week low of $50.35 and a fifty-two week high of $52.01.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2329 per share. This represents a $2.79 annualized dividend and a dividend yield of 5.46%. The ex-dividend date was Friday, November 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. bought a new stake in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter valued at $212,000. Bank of Montreal Can bought a new stake in shares of American Century Short Duration Strategic Income ETF in the 2nd quarter valued at $803,000. Cambridge Investment Research Advisors Inc. raised its stake in 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 buying an additional 13,362 shares during the period. Finally, American Century Companies Inc. lifted 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 in the last quarter.

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.