American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Significant Growth 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 daily volume of 16,835 shares, the days-to-cover ratio is presently 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 daily volume of 16,835 shares, the days-to-cover ratio is presently 1.2 days.

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

Hedge funds have recently added to or reduced their stakes in the stock. American Century Companies Inc. increased its position in shares of American Century Short Duration Strategic Income ETF by 67.2% during the third quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock worth $48,605,000 after acquiring an additional 377,775 shares during the period. Round Rock Advisors LLC boosted its holdings in shares of American Century Short Duration Strategic Income ETF by 42.2% in the fourth quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock valued at $12,271,000 after purchasing an additional 70,614 shares during the period. HighTower Advisors LLC grew its stake in American Century Short Duration Strategic Income ETF by 18.0% in the fourth quarter. HighTower Advisors LLC now owns 151,391 shares of the company’s stock worth $7,809,000 after purchasing an additional 23,098 shares in the last quarter. Prevail Innovative Wealth Advisors LLC grew its stake in American Century Short Duration Strategic Income ETF by 107.9% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock worth $4,279,000 after purchasing an additional 43,057 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in American Century Short Duration Strategic Income ETF by 56.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 79,017 shares of the company’s stock worth $4,086,000 after purchasing an additional 28,617 shares during the period.

American Century Short Duration Strategic Income ETF Stock Down 0.1%

Shares of SDSI traded down $0.06 during trading hours on Friday, reaching $51.19. 27,321 shares of the company traded hands, compared to its average volume of 22,174. The stock’s fifty day moving average price is $51.69 and its 200 day moving average price is $51.65. American Century Short Duration Strategic Income ETF has a 12-month low of $46.99 and a 12-month high of $52.04.

American Century Short Duration Strategic Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, March 9th. Investors of record on Thursday, March 5th were issued a dividend of $0.2011 per share. The ex-dividend date 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.