Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Decreases By 40.0%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 1,800 shares, a decline of 40.0% from the December 15th total of 3,000 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 0.2 days.

American Century Short Duration Strategic Income ETF Price Performance

SDSI stock traded up $0.04 during midday trading on Tuesday, reaching $50.86. The company had a trading volume of 922 shares, compared to its average volume of 5,265. American Century Short Duration Strategic Income ETF has a 1 year low of $50.35 and a 1 year high of $52.01. The firm has a 50-day moving average price of $51.00 and a 200-day moving average price of $51.28.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, December 19th. Stockholders of record on Tuesday, December 17th were issued a $0.2826 dividend. This is a positive change from American Century Short Duration Strategic Income ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. American Century Companies Inc. raised its holdings in American Century Short Duration Strategic Income ETF by 131.7% in the 2nd 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 in the last quarter. Bank of Montreal Can bought a new position in American Century Short Duration Strategic Income ETF in the 2nd quarter worth $803,000. B. Riley Wealth Advisors Inc. bought a new position in American Century Short Duration Strategic Income ETF in the 2nd quarter worth $212,000. Finally, Unique Wealth LLC raised its holdings in American Century Short Duration Strategic Income ETF by 45.3% in the 4th quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock worth $767,000 after purchasing an additional 4,702 shares in the last quarter.

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.