American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Up 225.8% in March

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 10,100 shares, an increase of 225.8% from the February 28th total of 3,100 shares. Based on an average trading volume of 9,200 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.7% of the company’s stock are short sold.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of NASDAQ:SDSI opened at $51.34 on Friday. American Century Short Duration Strategic Income ETF has a 1-year low of $50.35 and a 1-year high of $52.01. The stock’s fifty day simple moving average is $51.17 and its two-hundred day simple moving average is $51.22.

American Century Short Duration Strategic Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were 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 was Monday, March 3rd.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Unique Wealth LLC increased its holdings in 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 last quarter. Joseph P. Lucia & Associates LLC purchased a new position in shares of American Century Short Duration Strategic Income ETF in the fourth quarter worth about $498,000. U.S. Capital Wealth Advisors LLC lifted its stake in shares of American Century Short Duration Strategic Income ETF by 27.5% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock valued at $302,000 after buying an additional 1,279 shares in the last quarter. Tandem Financial LLC bought a new position in American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $126,000. Finally, IFP Advisors Inc grew its stake 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 buying 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.