American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Sees Significant Decrease in Short Interest

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 11,770 shares, a decrease of 66.3% from the October 15th total of 34,974 shares. Based on an average daily volume of 176,333 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

American Century Diversified Corporate Bond ETF Trading Down 0.7%

NYSEARCA KORP opened at $44.64 on Friday. American Century Diversified Corporate Bond ETF has a twelve month low of $44.08 and a twelve month high of $47.92. The stock has a fifty day simple moving average of $44.94 and a 200-day simple moving average of $46.26.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in KORP. Root Financial Partners LLC acquired a new position in shares of American Century Diversified Corporate Bond ETF in the 3rd quarter worth approximately $48,000. Fifth Third Bancorp acquired a new stake in American Century Diversified Corporate Bond ETF in the 1st quarter valued at approximately $151,000. Bedel Financial Consulting Inc. purchased a new stake in American Century Diversified Corporate Bond ETF in the second quarter valued at approximately $165,000. Nwam LLC purchased a new stake in American Century Diversified Corporate Bond ETF in the second quarter valued at approximately $212,000. Finally, Thoroughbred Financial Services LLC acquired a new position in American Century Diversified Corporate Bond ETF during the third quarter worth $269,000.

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.