American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Update

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 6,807 shares, a decline of 73.5% from the February 12th total of 25,732 shares. Based on an average trading volume of 108,198 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 108,198 shares, the days-to-cover ratio is presently 0.1 days.

American Century Diversified Corporate Bond ETF Price Performance

Shares of KORP traded down $0.30 during trading hours on Wednesday, hitting $46.86. The company had a trading volume of 21,342 shares, compared to its average volume of 107,183. American Century Diversified Corporate Bond ETF has a 52-week low of $44.81 and a 52-week high of $48.16. The firm has a fifty day moving average price of $47.52 and a 200-day moving average price of $47.53.

American Century Diversified Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, February 9th. Investors of record on Thursday, February 5th were given a $0.208 dividend. This is a boost from American Century Diversified Corporate Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date was Thursday, February 5th.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in KORP. Creative Financial Designs Inc. ADV raised its stake in shares of American Century Diversified Corporate Bond ETF by 2,502.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 13,561 shares of the company’s stock worth $645,000 after purchasing an additional 13,040 shares during the last quarter. Fifth Third Securities Inc. raised its position in shares of American Century Diversified Corporate Bond ETF by 98.3% during the 3rd quarter. Fifth Third Securities Inc. now owns 147,806 shares of the company’s stock worth $7,036,000 after purchasing an additional 73,255 shares during the last quarter. ARQ Wealth Advisors LLC purchased a new position in American Century Diversified Corporate Bond ETF in the 2nd quarter valued at about $9,821,000. Flaharty Asset Management LLC purchased a new stake in American Century Diversified Corporate Bond ETF during the 3rd quarter worth approximately $30,426,000. Finally, Osaic Holdings Inc. raised its holdings in shares of American Century Diversified Corporate Bond ETF by 52.5% during the second quarter. Osaic Holdings Inc. now owns 88,008 shares of the company’s stock valued at $4,143,000 after acquiring an additional 30,298 shares during the last quarter.

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.