American Century Short Duration Strategic Income ETF (NASDAQ:SDSI) Short Interest Down 30.9% in October

by · The Markets Daily

American Century Short Duration Strategic Income ETF (NASDAQ:SDSI – Get Free Report) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 3,800 shares, a decrease of 30.9% from the October 15th total of 5,500 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SDSI. B. Riley Wealth Advisors Inc. acquired a new position in shares of American Century Short Duration Strategic Income ETF in the second quarter valued at approximately $212,000. Bank of Montreal Can bought a new position in American Century Short Duration Strategic Income ETF during the 2nd quarter worth $803,000. Cambridge Investment Research Advisors Inc. increased its position in American Century Short Duration Strategic Income ETF by 67.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 33,290 shares of the company’s stock worth $1,695,000 after buying an additional 13,362 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of American Century Short Duration Strategic Income ETF by 131.7% during the second quarter. American Century Companies Inc. now owns 562,268 shares of the company’s stock worth $28,624,000 after buying an additional 319,603 shares in the last quarter.

American Century Short Duration Strategic Income ETF Trading Up 0.0 %

SDSI stock traded up $0.01 during midday trading on Friday, reaching $51.04. 8,717 shares of the company were exchanged, compared to its average volume of 7,439. American Century Short Duration Strategic Income ETF has a one year low of $50.22 and a one year high of $52.01. The business has a 50-day moving average price of $51.49 and a two-hundred day moving average price of $51.21.

American Century Short Duration Strategic Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.2329 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.79 dividend on an annualized basis and a yield of 5.48%.

American Century Short Duration Strategic Income ETF Company Profile

(Get Free Report)

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.

Featured Articles