Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Grows By 58.7%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 21,683 shares, an increase of 58.7% from the May 14th total of 13,664 shares. Based on an average trading volume of 90,700 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

American Century Diversified Corporate Bond ETF Price Performance

American Century Diversified Corporate Bond ETF stock traded down $0.03 during trading hours on Wednesday, hitting $46.79. The stock had a trading volume of 24,252 shares, compared to its average volume of 104,496. American Century Diversified Corporate Bond ETF has a one year low of $46.03 and a one year high of $48.16. The business’s 50 day simple moving average is $46.73 and its 200-day simple moving average is $47.10.

Institutional Trading of American Century Diversified Corporate Bond ETF

Several hedge funds have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV increased its holdings in shares of American Century Diversified Corporate Bond ETF by 2,502.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 13,561 shares of the company’s stock valued at $645,000 after acquiring an additional 13,040 shares in the last quarter. Networth Advisors LLC bought a new position in shares of American Century Diversified Corporate Bond ETF in the fourth quarter valued at $3,038,000. JPMorgan Chase & Co. grew its holdings in American Century Diversified Corporate Bond ETF by 71.2% during the third quarter. JPMorgan Chase & Co. now owns 97,062 shares of the company’s stock worth $4,620,000 after buying an additional 40,356 shares in the last quarter. Flaharty Asset Management LLC boosted its holdings in American Century Diversified Corporate Bond ETF by 4.3% during the 4th quarter. Flaharty Asset Management LLC now owns 666,494 shares of the company’s stock worth $31,492,000 after acquiring an additional 27,330 shares during the last quarter. Finally, Fifth Third Securities Inc. boosted its holdings in American Century Diversified Corporate Bond ETF by 11.4% during the 4th quarter. Fifth Third Securities Inc. now owns 164,614 shares of the company’s stock worth $7,778,000 after acquiring an additional 16,808 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.