American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Sees Large Decrease in Short Interest

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decline of 92.3% from the June 30th total of 1,300 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in American Century Short Duration Strategic Income ETF stock. Unique Wealth LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,639 shares of the company’s stock, valued at approximately $1,204,000. Unique Wealth LLC owned 3.94% of American Century Short Duration Strategic Income ETF at the end of the most recent reporting period.

American Century Short Duration Strategic Income ETF Stock Performance

Shares of SDSI stock remained flat at $51.19 during trading hours on Thursday. The stock had a trading volume of 805 shares, compared to its average volume of 7,966. American Century Short Duration Strategic Income ETF has a 1 year low of $49.97 and a 1 year high of $51.30. The business has a 50 day simple moving average of $50.89 and a 200-day simple moving average of $50.81.

American Century Short Duration Strategic Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a $0.1869 dividend. The ex-dividend date was Monday, July 1st. This represents a $2.24 annualized dividend and a yield of 4.38%.

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.