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

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 13,664 shares, a decrease of 46.0% from the April 30th total of 25,313 shares. Based on an average daily trading volume, of 63,052 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

American Century Diversified Corporate Bond ETF Price Performance

Shares of NYSEARCA:KORP opened at $46.88 on Monday. The company has a 50-day simple moving average of $46.70 and a 200-day simple moving average of $47.16. American Century Diversified Corporate Bond ETF has a one year low of $45.90 and a one year high of $48.16.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Creative Financial Designs Inc. ADV raised its holdings in shares of American Century Diversified Corporate Bond ETF by 2,502.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 13,561 shares of the company’s stock valued at $645,000 after buying an additional 13,040 shares during the last quarter. Networth Advisors LLC purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the fourth quarter valued at about $3,038,000. Flaharty Asset Management LLC purchased a new stake in shares of American Century Diversified Corporate Bond ETF in the third quarter valued at about $30,426,000. JPMorgan Chase & Co. raised its holdings in shares of American Century Diversified Corporate Bond ETF by 71.2% in the third quarter. JPMorgan Chase & Co. now owns 97,062 shares of the company’s stock valued at $4,620,000 after buying an additional 40,356 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of American Century Diversified Corporate Bond ETF by 21.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 133,261 shares of the company’s stock valued at $6,314,000 after buying an additional 23,201 shares during the last quarter.

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.