American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Stock Short Interest Report for October

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 42,084 shares, an increase of 76.2% from the September 30th total of 23,889 shares. Based on an average daily trading volume, of 89,839 shares, the short-interest ratio is currently 0.5 days. Currently, 0.6% of the shares of the stock are short sold.

American Century Short Duration Strategic Income ETF Stock Up 0.1%

SDSI traded up $0.06 during trading on Friday, hitting $50.69. 22,678 shares of the stock traded hands, compared to its average volume of 32,042. The business has a 50 day moving average price of $50.72 and a 200 day moving average price of $51.22. American Century Short Duration Strategic Income ETF has a twelve month low of $50.16 and a twelve month high of $52.04.

American Century Short Duration Strategic Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 8th. Investors of record on Tuesday, October 6th were given a dividend of $0.1812 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.17 annualized dividend and a yield of 4.3%. This is a drop from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.1870.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SDSI. Round Rock Advisors LLC raised its position in American Century Short Duration Strategic Income ETF by 12.7% during the 2nd quarter. Round Rock Advisors LLC now owns 324,038 shares of the company’s stock worth $16,639,000 after purchasing an additional 36,516 shares during the last quarter. Simplicity Wealth LLC acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the third quarter valued at about $9,844,000. Kestra Private Wealth Services LLC increased its stake in shares of American Century Short Duration Strategic Income ETF by 117.9% in the third quarter. Kestra Private Wealth Services LLC now owns 103,021 shares of the company’s stock valued at $5,207,000 after buying an additional 55,743 shares during the period. IFP Advisors Inc raised its position in shares of American Century Short Duration Strategic Income ETF by 30.1% during the third quarter. IFP Advisors Inc now owns 83,015 shares of the company’s stock worth $4,196,000 after acquiring an additional 19,206 shares during the last quarter. Finally, Clearview Wealth Management LLC raised its position in shares of American Century Short Duration Strategic Income ETF by 6.6% during the third quarter. Clearview Wealth Management LLC now owns 55,586 shares of the company’s stock worth $2,809,000 after acquiring an additional 3,431 shares during 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.