Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Grows By 182.3%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 38,142 shares, an increase of 182.3% from the December 15th total of 13,510 shares. Based on an average daily trading volume, of 55,185 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 55,185 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

Several hedge funds have recently made changes to their positions in KORP. Jones Financial Companies Lllp purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the first quarter valued at approximately $137,000. Morey & Quinn Wealth Partners LLC acquired a new position in American Century Diversified Corporate Bond ETF in the second quarter valued at $258,000. Lindenwold Advisors INC boosted its position in shares of American Century Diversified Corporate Bond ETF by 12.8% in the second quarter. Lindenwold Advisors INC now owns 131,447 shares of the company’s stock worth $6,187,000 after acquiring an additional 14,892 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the 2nd quarter valued at $226,000. Finally, Harbour Investments Inc. raised its holdings in shares of American Century Diversified Corporate Bond ETF by 202.2% in the 2nd quarter. Harbour Investments Inc. now owns 4,192 shares of the company’s stock worth $197,000 after purchasing an additional 2,805 shares during the period.

American Century Diversified Corporate Bond ETF Stock Down 0.2%

NYSEARCA KORP opened at $47.50 on Friday. The firm’s fifty day moving average price is $47.40 and its 200 day moving average price is $47.33. American Century Diversified Corporate Bond ETF has a 12 month low of $44.81 and a 12 month high of $48.16.

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.