American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Significant Increase in Short Interest

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 19,381 shares, an increase of 77.4% from the February 12th total of 10,922 shares. Based on an average trading volume of 16,835 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 16,835 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SDSI. Kestra Advisory Services LLC lifted its holdings in American Century Short Duration Strategic Income ETF by 7.5% during the 4th quarter. Kestra Advisory Services LLC now owns 13,908 shares of the company’s stock worth $717,000 after buying an additional 974 shares in the last quarter. Peak Planning Group LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF in the fourth quarter worth $536,000. Jane Street Group LLC increased its position in shares of American Century Short Duration Strategic Income ETF by 66.6% during the fourth quarter. Jane Street Group LLC now owns 42,507 shares of the company’s stock worth $2,193,000 after acquiring an additional 17,000 shares during the period. Steward Partners Investment Advisory LLC purchased a new stake in shares of American Century Short Duration Strategic Income ETF during the fourth quarter worth $127,000. Finally, Weaver Consulting Group raised its stake in shares of American Century Short Duration Strategic Income ETF by 13.7% in the fourth quarter. Weaver Consulting Group now owns 8,316 shares of the company’s stock valued at $429,000 after acquiring an additional 1,000 shares in the last quarter.

American Century Short Duration Strategic Income ETF Price Performance

Shares of American Century Short Duration Strategic Income ETF stock traded down $0.03 on Friday, reaching $51.22. The company had a trading volume of 4,241 shares, compared to its average volume of 21,679. The firm’s 50 day moving average price is $51.70 and its two-hundred day moving average price is $51.65. American Century Short Duration Strategic Income ETF has a 52-week low of $46.99 and a 52-week high of $52.04.

American Century Short Duration Strategic Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were given a $0.2011 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

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.