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

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 25,998 shares, a decline of 34.4% from the August 15th total of 39,646 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 85,384 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

A number of hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF during the 2nd quarter valued at $2,384,000. IFP Advisors Inc boosted its holdings in American Century Diversified Corporate Bond ETF by 180.5% in the 2nd quarter. IFP Advisors Inc now owns 12,121 shares of the company’s stock worth $568,000 after buying an additional 7,800 shares during the period. Ameritas Advisory Services LLC purchased a new stake in American Century Diversified Corporate Bond ETF in the 2nd quarter worth $691,000. Endeavor Private Wealth Inc. purchased a new stake in American Century Diversified Corporate Bond ETF in the 2nd quarter worth $754,000. Finally, WorthPointe LLC purchased a new stake in shares of American Century Diversified Corporate Bond ETF during the second quarter worth about $401,000.

American Century Diversified Corporate Bond ETF Stock Down 0.3%

NYSEARCA KORP opened at $45.30 on Friday. The stock’s 50-day moving average price is $45.86 and its 200-day moving average price is $46.44. American Century Diversified Corporate Bond ETF has a 52 week low of $45.13 and a 52 week high of $48.16.

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.