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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 19,381 shares, a growth of 77.4% from the February 12th total of 10,922 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average trading volume of 16,835 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 16,835 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the shares of the company are sold short.

American Century Short Duration Strategic Income ETF Stock Down 0.1%

SDSI opened at $51.19 on Friday. American Century Short Duration Strategic Income ETF has a 52 week low of $46.99 and a 52 week high of $52.04. The business has a 50 day moving average price of $51.69 and a two-hundred day moving average price of $51.65.

American Century Short Duration Strategic Income ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were paid a $0.2011 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. American Century Companies Inc. grew its stake in shares of American Century Short Duration Strategic Income ETF by 67.2% during the 3rd quarter. American Century Companies Inc. now owns 940,051 shares of the company’s stock worth $48,605,000 after purchasing an additional 377,775 shares during the period. Round Rock Advisors LLC increased its stake in shares of American Century Short Duration Strategic Income ETF by 42.2% during the 4th quarter. Round Rock Advisors LLC now owns 237,893 shares of the company’s stock worth $12,271,000 after purchasing an additional 70,614 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of American Century Short Duration Strategic Income ETF by 18.0% in the fourth quarter. HighTower Advisors LLC now owns 151,391 shares of the company’s stock worth $7,809,000 after acquiring an additional 23,098 shares during the last quarter. Prevail Innovative Wealth Advisors LLC raised its stake in American Century Short Duration Strategic Income ETF by 107.9% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 82,967 shares of the company’s stock valued at $4,279,000 after purchasing an additional 43,057 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of American Century Short Duration Strategic Income ETF by 56.8% in the third quarter. Envestnet Asset Management Inc. now owns 79,017 shares of the company’s stock valued at $4,086,000 after buying an additional 28,617 shares during the last quarter.

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.