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

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) was the recipient of a large increase in short interest in the month of 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. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is presently 1.1 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. JPMorgan Chase & Co. bought a new position in shares of American Century Short Duration Strategic Income ETF during the 4th quarter worth about $57,000. Tandem Financial LLC bought a new position in American Century Short Duration Strategic Income ETF during the fourth quarter valued at about $126,000. U.S. Capital Wealth Advisors LLC raised its holdings in American Century Short Duration Strategic Income ETF by 27.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 5,931 shares of the company’s stock valued at $302,000 after acquiring an additional 1,279 shares in the last quarter. Joseph P. Lucia & Associates LLC bought a new stake in shares of American Century Short Duration Strategic Income ETF in the 4th quarter worth approximately $498,000. Finally, Jane Street Group LLC grew its holdings in shares of American Century Short Duration Strategic Income ETF by 34.9% during the 4th quarter. Jane Street Group LLC now owns 13,737 shares of the company’s stock worth $699,000 after purchasing an additional 3,552 shares in the last quarter.

American Century Short Duration Strategic Income ETF Stock Up 0.0 %

SDSI opened at $51.22 on Thursday. The stock’s 50 day moving average price is $51.16 and its two-hundred day moving average price is $51.22. American Century Short Duration Strategic Income ETF has a 12-month low of $50.35 and a 12-month high of $52.01.

American Century Short Duration Strategic Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders 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 was 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.