Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Declines By 92.3%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 100 shares, a decline of 92.3% from the June 30th total of 1,300 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is presently 0.0 days.

American Century Short Duration Strategic Income ETF Price Performance

NASDAQ SDSI traded up $0.03 during trading hours on Friday, reaching $51.22. The stock had a trading volume of 5,040 shares, compared to its average volume of 7,945. American Century Short Duration Strategic Income ETF has a 52-week low of $49.97 and a 52-week high of $51.30. The stock has a fifty day moving average of $50.90 and a 200 day moving average of $50.81.

American Century Short Duration Strategic Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.1869 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $2.24 dividend on an annualized basis and a dividend yield of 4.38%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. grew its position in American Century Short Duration Strategic Income ETF by 67.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after purchasing an additional 13,362 shares during the period. Unique Wealth LLC purchased a new stake in shares of American Century Short Duration Strategic Income ETF in the first quarter worth about $1,204,000. Finally, Weaver Consulting Group grew its holdings in American Century Short Duration Strategic Income ETF by 14.8% during the first quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock worth $277,000 after acquiring an additional 700 shares during the period.

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.