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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 8,283 shares, a decrease of 24.6% from the March 31st total of 10,979 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 10,130 shares, the days-to-cover ratio is currently 0.8 days.

American Century Short Duration Strategic Income ETF Stock Performance

NASDAQ:SDSI traded up $0.01 during trading hours on Friday, reaching $51.45. The company had a trading volume of 11,750 shares, compared to its average volume of 22,619. The stock has a 50-day moving average of $51.41 and a two-hundred day moving average of $51.57. American Century Short Duration Strategic Income ETF has a one year low of $50.83 and a one year high of $52.04.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, April 9th. Shareholders of record on Tuesday, April 7th were given a $0.2202 dividend. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, April 7th.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of large investors have recently bought and sold shares of SDSI. Steward Partners Investment Advisory LLC bought a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter valued at $127,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of American Century Short Duration Strategic Income ETF during the first quarter worth $227,000. Beacon Financial Advisory LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the first quarter worth $231,000. Weaver Consulting Group grew its holdings in shares of American Century Short Duration Strategic Income ETF by 37.6% during the third quarter. Weaver Consulting Group now owns 7,316 shares of the company’s stock worth $378,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Peak Planning Group LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the fourth quarter worth $536,000.

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.