American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Update

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 10,100 shares, a growth of 225.8% from the February 28th total of 3,100 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is presently 1.1 days.

American Century Short Duration Strategic Income ETF Price Performance

American Century Short Duration Strategic Income ETF stock traded up $0.03 during trading hours on Friday, hitting $51.25. The company had a trading volume of 328 shares, compared to its average volume of 7,712. The company has a 50-day moving average price of $51.16 and a two-hundred day moving average price of $51.22. 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 company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.22 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SDSI. Unique Wealth LLC raised its stake in 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 worth $767,000 after buying an additional 4,702 shares in the last quarter. Joseph P. Lucia & Associates LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF during the fourth quarter valued at about $498,000. U.S. Capital Wealth Advisors LLC raised its position in shares of American Century Short Duration Strategic Income ETF by 27.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock valued at $302,000 after purchasing an additional 1,279 shares during the last quarter. Tandem Financial LLC acquired a new stake in American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $126,000. Finally, IFP Advisors Inc raised its holdings in shares of American Century Short Duration Strategic Income ETF by 40.6% in the fourth quarter. IFP Advisors Inc now owns 15,342 shares of the company’s stock worth $780,000 after buying an additional 4,433 shares during the last quarter.

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.