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

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 25,998 shares, a decrease of 34.4% from the August 15th total of 39,646 shares. Based on an average daily trading volume, of 85,384 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of KORP. Calton & Associates Inc. boosted its holdings in American Century Diversified Corporate Bond ETF by 2.3% in the fourth quarter. Calton & Associates Inc. now owns 21,151 shares of the company’s stock valued at $999,000 after acquiring an additional 467 shares during the last quarter. Legacy Wealth Partners LLC raised its stake in shares of American Century Diversified Corporate Bond ETF by 6.7% during the first quarter. Legacy Wealth Partners LLC now owns 11,643 shares of the company’s stock worth $543,000 after buying an additional 734 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in American Century Diversified Corporate Bond ETF in the fourth quarter valued at approximately $52,000. Fifth Third Bancorp acquired a new position in American Century Diversified Corporate Bond ETF in the first quarter valued at approximately $151,000. Finally, Networth Advisors LLC boosted its stake in American Century Diversified Corporate Bond ETF by 5.3% in the first quarter. Networth Advisors LLC now owns 67,715 shares of the company’s stock valued at $3,156,000 after acquiring an additional 3,419 shares during the last quarter.

American Century Diversified Corporate Bond ETF Price Performance

Shares of American Century Diversified Corporate Bond ETF stock traded down $0.17 during midday trading on Friday, hitting $45.28. 26,545 shares of the company were exchanged, compared to its average volume of 102,058. American Century Diversified Corporate Bond ETF has a 52 week low of $45.13 and a 52 week high of $48.16. The firm has a 50 day simple moving average of $45.88 and a 200-day simple moving average of $46.45.

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.