American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Sees Significant Decrease in Short Interest

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 25,732 shares, a drop of 28.2% from the January 29th total of 35,828 shares. Based on an average daily volume of 118,916 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 118,916 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of American Century Diversified Corporate Bond ETF

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC bought a new position in shares of American Century Diversified Corporate Bond ETF in the fourth quarter worth approximately $40,000. Westside Investment Management Inc. increased its holdings in shares of American Century Diversified Corporate Bond ETF by 51.6% in the 4th quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock worth $44,000 after buying an additional 320 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the 4th quarter valued at $52,000. Comerica Bank bought a new stake in shares of American Century Diversified Corporate Bond ETF during the 4th quarter worth $99,000. Finally, Jones Financial Companies Lllp purchased a new position in American Century Diversified Corporate Bond ETF in the first quarter worth $137,000.

American Century Diversified Corporate Bond ETF Stock Down 0.0%

American Century Diversified Corporate Bond ETF stock opened at $47.86 on Friday. American Century Diversified Corporate Bond ETF has a fifty-two week low of $44.81 and a fifty-two week high of $48.16. The firm’s fifty day moving average price is $47.50 and its 200-day moving average price is $47.51.

American Century Diversified Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 9th. Shareholders of record on Thursday, February 5th were paid a $0.208 dividend. The ex-dividend date was Thursday, February 5th. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is an increase from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.18.

American Century Diversified Corporate Bond ETF Company Profile

The American Century Diversified Corporate Bond ETF (KORP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, U.S. denominated portfolio of corporate debt securities and investments KORP was launched on Jan 11, 2018 and is managed by American Century Investments.