Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Decreases By 34.4%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 25,998 shares, a drop 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 currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

American Century Diversified Corporate Bond ETF Trading Up 0.5%

Shares of American Century Diversified Corporate Bond ETF stock traded up $0.23 on Thursday, reaching $45.45. 81,086 shares of the stock were exchanged, compared to its average volume of 102,486. American Century Diversified Corporate Bond ETF has a 1-year low of $45.13 and a 1-year high of $48.16. The business has a fifty day moving average price of $45.89 and a two-hundred day moving average price of $46.46.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of KORP. Calton & Associates Inc. lifted its holdings in shares of 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 purchasing an additional 467 shares in the last quarter. Legacy Wealth Partners LLC increased its stake in shares of American Century Diversified Corporate Bond ETF by 6.7% during the 1st quarter. Legacy Wealth Partners LLC now owns 11,643 shares of the company’s stock worth $543,000 after purchasing an additional 734 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of American Century Diversified Corporate Bond ETF during the 4th quarter worth approximately $52,000. Fifth Third Bancorp purchased a new position in shares of American Century Diversified Corporate Bond ETF during the 1st quarter worth approximately $151,000. Finally, Networth Advisors LLC raised its position in shares of American Century Diversified Corporate Bond ETF by 5.3% during the 1st quarter. Networth Advisors LLC now owns 67,715 shares of the company’s stock worth $3,156,000 after purchasing an additional 3,419 shares during 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.