American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Down 34.5% in February

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 7,200 shares, a decrease of 34.5% from the January 31st total of 11,000 shares. Based on an average trading volume of 7,800 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On American Century Short Duration Strategic Income ETF

Several large investors have recently bought and sold shares of the stock. HighTower Advisors LLC acquired a new stake in American Century Short Duration Strategic Income ETF in the 4th quarter worth $9,025,000. Envestnet Asset Management Inc. grew its position in American Century Short Duration Strategic Income ETF by 46.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 45,278 shares of the company’s stock worth $2,303,000 after buying an additional 14,260 shares in the last quarter. TAP Consulting LLC acquired a new position in American Century Short Duration Strategic Income ETF in the 4th quarter valued at approximately $1,554,000. IFP Advisors Inc raised its holdings in American Century Short Duration Strategic Income ETF by 40.6% in the 4th quarter. IFP Advisors Inc now owns 15,342 shares of the company’s stock valued at $780,000 after acquiring an additional 4,433 shares in the last quarter. Finally, Unique Wealth LLC lifted its position in shares of 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 acquiring an additional 4,702 shares during the period.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of SDSI traded up $0.06 during mid-day trading on Tuesday, hitting $51.26. 11,667 shares of the company’s stock were exchanged, compared to its average volume of 10,275. American Century Short Duration Strategic Income ETF has a twelve month low of $50.35 and a twelve month high of $52.01. The firm has a fifty day moving average of $51.04 and a two-hundred day moving average of $51.27.

American Century Short Duration Strategic Income ETF Increases Dividend

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

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.