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 large increase in short interest in November. As of November 15th, there was short interest totalling 19,700 shares, an increase of 418.4% from the October 31st total of 3,800 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Trading of American Century Short Duration Strategic Income ETF

A number of large investors have recently added to or reduced their stakes in the company. American Century Companies Inc. increased its position in American Century Short Duration Strategic Income ETF by 131.7% in the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock worth $28,624,000 after purchasing an additional 319,603 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in American Century Short Duration Strategic Income ETF by 67.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after buying an additional 13,362 shares during the last quarter. Bank of Montreal Can purchased a new position in shares of American Century Short Duration Strategic Income ETF during the 2nd quarter worth about $803,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of American Century Short Duration Strategic Income ETF during the second quarter valued at approximately $212,000.

American Century Short Duration Strategic Income ETF Stock Up 0.1 %

American Century Short Duration Strategic Income ETF stock traded up $0.03 during mid-day trading on Wednesday, reaching $51.17. 4,155 shares of the stock traded hands, compared to its average volume of 7,412. American Century Short Duration Strategic Income ETF has a 12-month low of $50.35 and a 12-month high of $52.01. The business’s 50-day moving average is $51.39 and its 200-day moving average is $51.24.

American Century Short Duration Strategic Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.2329 dividend. The ex-dividend date was Friday, November 1st. This represents a $2.79 dividend on an annualized basis and a dividend yield of 5.46%.

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.