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

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

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of KORP. Envestnet Asset Management Inc. raised its position in shares of American Century Diversified Corporate Bond ETF by 5.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,575,749 shares of the company’s stock valued at $75,006,000 after purchasing an additional 83,121 shares during the period. Atria Investments Inc increased its stake in American Century Diversified Corporate Bond ETF by 2.8% in the 3rd quarter. Atria Investments Inc now owns 985,462 shares of the company’s stock worth $46,908,000 after buying an additional 26,940 shares in the last quarter. Gallagher Fiduciary Advisors LLC bought a new stake in American Century Diversified Corporate Bond ETF during the second quarter valued at about $45,308,000. Flaharty Asset Management LLC purchased a new position in shares of American Century Diversified Corporate Bond ETF in the third quarter valued at about $30,426,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of American Century Diversified Corporate Bond ETF by 62.0% in the third quarter. PNC Financial Services Group Inc. now owns 516,948 shares of the company’s stock worth $24,607,000 after acquiring an additional 197,904 shares during the period.

American Century Diversified Corporate Bond ETF Stock Down 0.2%

KORP traded down $0.08 during trading on Thursday, hitting $47.50. The company’s stock had a trading volume of 52,830 shares, compared to its average volume of 100,844. American Century Diversified Corporate Bond ETF has a one year low of $44.81 and a one year high of $48.16. The business’s 50 day simple moving average is $47.40 and its 200-day simple moving average is $47.33.

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.