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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,100 shares, a decrease of 56.9% from the February 13th total of 7,200 shares. Based on an average daily trading volume, of 8,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF

A number of large investors have recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new position in American Century Short Duration Strategic Income ETF during the fourth quarter worth about $9,025,000. Envestnet Asset Management Inc. boosted its stake in shares of American Century Short Duration Strategic Income ETF by 46.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 45,278 shares of the company’s stock worth $2,303,000 after acquiring an additional 14,260 shares in the last quarter. TAP Consulting LLC purchased a new stake in shares of American Century Short Duration Strategic Income ETF during the 4th quarter worth approximately $1,554,000. IFP Advisors Inc boosted its stake in shares of American Century Short Duration Strategic Income ETF by 40.6% during the 4th quarter. IFP Advisors Inc now owns 15,342 shares of the company’s stock worth $780,000 after acquiring an additional 4,433 shares in the last quarter. Finally, Unique Wealth LLC boosted its stake in shares of American Century Short Duration Strategic Income ETF by 45.3% during the 4th quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock worth $767,000 after acquiring an additional 4,702 shares in the last quarter.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of American Century Short Duration Strategic Income ETF stock opened at $51.19 on Thursday. American Century Short Duration Strategic Income ETF has a one year low of $50.35 and a one year high of $52.01. The firm has a fifty day moving average of $51.10 and a two-hundred day moving average of $51.25.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.22 per share. The ex-dividend date was Monday, March 3rd. This is an increase from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20.

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.