American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Significant Decrease in Short Interest

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a decrease of 56.9% from the February 13th total of 7,200 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

American Century Short Duration Strategic Income ETF Stock Up 0.0 %

Shares of NASDAQ:SDSI opened at $51.14 on Friday. American Century Short Duration Strategic Income ETF has a 52 week low of $50.35 and a 52 week high of $52.01. The company has a 50 day moving average price of $51.11 and a two-hundred day moving average price of $51.25.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from American Century Short Duration Strategic Income ETF’s previous dividend of $0.20.

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

Several large investors have recently bought and sold shares of SDSI. Unique Wealth LLC increased its stake in American Century Short Duration Strategic Income ETF by 45.3% in the fourth quarter. Unique Wealth LLC now owns 15,090 shares of the company’s stock valued at $767,000 after purchasing an additional 4,702 shares in the last quarter. Joseph P. Lucia & Associates LLC bought a new stake in American Century Short Duration Strategic Income ETF in the fourth quarter valued at approximately $498,000. U.S. Capital Wealth Advisors LLC increased its stake in American Century Short Duration Strategic Income ETF by 27.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock valued at $302,000 after purchasing an additional 1,279 shares in the last quarter. Tandem Financial LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the fourth quarter worth $126,000. Finally, IFP Advisors Inc increased its position in shares of American Century Short Duration Strategic Income ETF by 40.6% during the fourth quarter. IFP Advisors Inc now owns 15,342 shares of the company’s stock worth $780,000 after acquiring an additional 4,433 shares in the last quarter.

American Century Short Duration Strategic Income ETF Company Profile

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.