Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Increases By 175.7%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 13,510 shares, a growth of 175.7% from the November 30th total of 4,900 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 56,095 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 56,095 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Nova Wealth Management Inc. bought a new position in shares of American Century Diversified Corporate Bond ETF during the second quarter valued at approximately $35,000. Jones Financial Companies Lllp purchased a new position in American Century Diversified Corporate Bond ETF during the 1st quarter valued at $137,000. Advisory Services Network LLC bought a new position in American Century Diversified Corporate Bond ETF in the 3rd quarter valued at $186,000. Harbour Investments Inc. grew its position in 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 acquiring an additional 2,805 shares during the last quarter. Finally, Atria Wealth Solutions Inc. purchased a new stake in American Century Diversified Corporate Bond ETF in the second quarter worth $226,000.

American Century Diversified Corporate Bond ETF Price Performance

American Century Diversified Corporate Bond ETF stock traded down $0.03 during midday trading on Friday, reaching $47.35. 26,040 shares of the stock traded hands, compared to its average volume of 62,764. The stock’s fifty day moving average is $47.52 and its 200-day moving average is $47.24. American Century Diversified Corporate Bond ETF has a 12 month low of $44.81 and a 12 month high of $48.16.

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.