Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Decreases By 51.2%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 18,608 shares, a decline of 51.2% from the December 31st total of 38,142 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 102,289 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 102,289 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

American Century Diversified Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA KORP opened at $47.48 on Thursday. The stock has a fifty day moving average price of $47.41 and a 200 day moving average price of $47.37. American Century Diversified Corporate Bond ETF has a 12-month low of $44.81 and a 12-month high of $48.16.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of KORP. Farther Finance Advisors LLC purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the fourth quarter valued at approximately $40,000. Westside Investment Management Inc. grew its holdings in American Century Diversified Corporate Bond ETF by 51.6% during the 4th quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in American Century Diversified Corporate Bond ETF during the 1st quarter worth $137,000. Advisory Services Network LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF in the 3rd quarter worth about $186,000. Finally, Harbour Investments Inc. raised its stake in shares of American Century Diversified Corporate Bond ETF by 202.2% in the 2nd quarter. Harbour Investments Inc. now owns 4,192 shares of the company’s stock valued at $197,000 after purchasing an additional 2,805 shares in 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.