Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Rises By 2,450.0%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 10,200 shares, an increase of 2,450.0% from the February 29th total of 400 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is currently 1.5 days.

American Century Short Duration Strategic Income ETF Trading Down 0.1 %

Shares of NASDAQ:SDSI opened at $50.95 on Friday. The business’s fifty day moving average price is $50.81 and its two-hundred day moving average price is $50.58. American Century Short Duration Strategic Income ETF has a one year low of $49.97 and a one year high of $51.48.

American Century Short Duration Strategic Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Monday, March 4th were issued a dividend of $0.2189 per share. This represents a $2.63 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Friday, March 1st.

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

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC purchased a new position in shares of American Century Short Duration Strategic Income ETF in the 4th quarter worth $390,000. Cambridge Investment Research Advisors Inc. raised its position in shares of American Century Short Duration Strategic Income ETF by 11.0% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 37,856 shares of the company’s stock worth $1,907,000 after buying an additional 3,758 shares during the period. Finally, Visionary Wealth Advisors raised its position in shares of American Century Short Duration Strategic Income ETF by 22.1% in the 3rd quarter. Visionary Wealth Advisors now owns 160,900 shares of the company’s stock worth $8,107,000 after buying an additional 29,108 shares during the period.

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.