Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Rises By 2,700.3%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 18,790 shares, a growth of 2,700.3% from the March 31st total of 671 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 70,247 shares, the days-to-cover ratio is currently 0.3 days.

American Century Diversified Corporate Bond ETF Trading Up 0.1%

American Century Diversified Corporate Bond ETF stock opened at $46.99 on Friday. American Century Diversified Corporate Bond ETF has a 12 month low of $45.49 and a 12 month high of $48.16. The stock has a 50-day moving average price of $47.06 and a two-hundred day moving average price of $47.35.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

Several large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth about $40,000. Westside Investment Management Inc. raised its position in shares of American Century Diversified Corporate Bond ETF by 51.6% during the fourth quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock worth $44,000 after acquiring an additional 320 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth about $52,000. Comerica Bank bought a new position in shares of American Century Diversified Corporate Bond ETF during the fourth quarter worth about $99,000. Finally, Jones Financial Companies Lllp bought a new position in shares of American Century Diversified Corporate Bond ETF during the first quarter worth about $137,000.

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.