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 daily volume of 9,900 shares, the days-to-cover ratio is currently 0.0 days.

American Century Short Duration Strategic Income ETF Stock Up 0.1 %

NASDAQ:SDSI traded up $0.03 during trading hours on Friday, hitting $51.22. 5,040 shares of the company’s stock traded hands, compared to its average volume of 7,945. The stock’s fifty day moving average price is $50.90 and its two-hundred day moving average price is $50.81. American Century Short Duration Strategic Income ETF has a twelve month low of $49.97 and a twelve month high of $51.30.

American Century Short Duration Strategic Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued 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 Trading of American Century Short Duration Strategic Income ETF

Several institutional investors have recently made changes to their positions in the stock. Weaver Consulting Group increased its stake in American Century Short Duration Strategic Income ETF by 14.8% in 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 purchased a new position in shares of American Century Short Duration Strategic Income ETF during the 1st quarter valued at $1,204,000. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of 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 acquiring an additional 13,362 shares during 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.