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 decrease in short interest during the month of September. As of September 30th, there was short interest totalling 3,500 shares, a decrease of 35.2% from the September 15th total of 5,400 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Weaver Consulting Group lifted its stake in American Century Short Duration Strategic Income ETF by 14.8% during the first quarter. Weaver Consulting Group now owns 5,442 shares of the company’s stock worth $277,000 after purchasing an additional 700 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the second quarter valued at $212,000. Cambridge Investment Research Advisors Inc. raised 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 valued at $1,695,000 after acquiring an additional 13,362 shares in the last quarter. American Century Companies Inc. raised 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 acquiring an additional 319,603 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in shares of American Century Short Duration Strategic Income ETF in the second quarter valued at $803,000.

American Century Short Duration Strategic Income ETF Stock Down 0.0 %

NASDAQ:SDSI traded down $0.02 during trading hours on Friday, reaching $51.46. 1,970 shares of the stock were exchanged, compared to its average volume of 6,634. The business has a 50-day moving average of $51.63 and a two-hundred day moving average of $51.11. American Century Short Duration Strategic Income ETF has a twelve month low of $49.99 and a twelve month high of $52.01.

American Century Short Duration Strategic Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.241 per share. This represents a $2.89 dividend on an annualized basis and a yield of 5.62%. The ex-dividend date was Tuesday, October 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.