American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Update

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the July 15th total of 100 shares. Based on an average trading volume of 10,200 shares, the short-interest ratio is presently 0.1 days.

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

Several large investors have recently made changes to their positions in SDSI. Weaver Consulting Group raised its holdings in shares of American Century Short Duration Strategic Income ETF by 14.8% during the 1st quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock valued at $277,000 after buying an additional 700 shares during the period. Unique Wealth LLC acquired a new position in shares of American Century Short Duration Strategic Income ETF during the first quarter worth $1,204,000. Bank of Montreal Can acquired a new position in shares of American Century Short Duration Strategic Income ETF during the second quarter worth $803,000. American Century Companies Inc. boosted its stake in shares of 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 valued at $28,624,000 after purchasing an additional 319,603 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its holdings 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 valued at $1,695,000 after purchasing an additional 13,362 shares in the last quarter.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of NASDAQ SDSI traded up $0.02 during midday trading on Wednesday, hitting $51.53. The stock had a trading volume of 625 shares, compared to its average volume of 7,597. American Century Short Duration Strategic Income ETF has a 1-year low of $49.97 and a 1-year high of $51.63. The company has a fifty day moving average price of $51.05 and a 200 day moving average price of $50.85.

American Century Short Duration Strategic Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were paid a dividend of $0.2429 per share. This is an increase from American Century Short Duration Strategic Income ETF’s previous monthly dividend of $0.19. This represents a $2.91 annualized dividend and a yield of 5.66%. The ex-dividend date was Thursday, August 1st.

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.