Short Interest in American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Expands By 2,450.0%

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 10,200 shares, a growth of 2,450.0% from the February 29th total of 400 shares. Based on an average daily trading volume, of 6,600 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Investors Weigh In On American Century Short Duration Strategic Income ETF

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF during the 4th quarter valued at about $390,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of American Century Short Duration Strategic Income ETF by 11.0% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 37,856 shares of the company’s stock valued at $1,907,000 after purchasing an additional 3,758 shares during the period. Finally, Visionary Wealth Advisors grew its stake in shares of American Century Short Duration Strategic Income ETF by 22.1% during the 3rd quarter. Visionary Wealth Advisors now owns 160,900 shares of the company’s stock valued at $8,107,000 after purchasing an additional 29,108 shares during the period.

American Century Short Duration Strategic Income ETF Trading Up 0.1 %

NASDAQ SDSI opened at $50.97 on Thursday. American Century Short Duration Strategic Income ETF has a one year low of $49.97 and a one year high of $51.48. The stock has a 50-day moving average of $50.81 and a 200 day moving average of $50.57.

American Century Short Duration Strategic Income ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 5th. Investors of record on Monday, March 4th were issued a $0.2189 dividend. The ex-dividend date was Friday, March 1st. This represents a $2.63 annualized dividend and a yield of 5.15%.

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.