American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Up 92.5% in January

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 35,828 shares, an increase of 92.5% from the January 15th total of 18,608 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 86,714 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 86,714 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are short sold.

American Century Diversified Corporate Bond ETF Trading Up 0.3%

Shares of NYSEARCA KORP opened at $47.79 on Friday. American Century Diversified Corporate Bond ETF has a 52-week low of $44.81 and a 52-week high of $48.16. The firm’s 50 day moving average price is $47.39 and its 200-day moving average price is $47.45.

American Century Diversified Corporate Bond ETF Increases Dividend

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

Institutional Trading of American Century Diversified Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of KORP. Kestra Advisory Services LLC boosted its stake in shares of American Century Diversified Corporate Bond ETF by 6.3% during the fourth quarter. Kestra Advisory Services LLC now owns 182,605 shares of the company’s stock valued at $8,628,000 after purchasing an additional 10,793 shares during the period. Wells Fargo & Company MN lifted its holdings in American Century Diversified Corporate Bond ETF by 5.8% during the 4th quarter. Wells Fargo & Company MN now owns 328,068 shares of the company’s stock valued at $15,501,000 after buying an additional 17,949 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in American Century Diversified Corporate Bond ETF in the 4th quarter valued at about $155,000. LPL Financial LLC boosted its position in American Century Diversified Corporate Bond ETF by 12.2% in the 4th quarter. LPL Financial LLC now owns 643,815 shares of the company’s stock valued at $30,420,000 after buying an additional 70,115 shares during the period. Finally, J.W. Cole Advisors Inc. grew its stake in American Century Diversified Corporate Bond ETF by 7.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 187,632 shares of the company’s stock worth $8,866,000 after acquiring an additional 12,906 shares in the last quarter.

About American Century Diversified Corporate Bond ETF

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.