American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Update

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 38,142 shares, an increase of 182.3% from the December 15th total of 13,510 shares. Based on an average daily volume of 55,185 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 55,185 shares, the days-to-cover ratio is currently 0.7 days.

American Century Diversified Corporate Bond ETF Price Performance

Shares of NYSEARCA:KORP opened at $47.48 on Wednesday. The company’s fifty day moving average price is $47.39 and its 200-day moving average price is $47.32. American Century Diversified Corporate Bond ETF has a one year low of $44.81 and a one year high of $48.16.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp purchased a new position in shares of American Century Diversified Corporate Bond ETF in the 1st quarter worth about $137,000. Advisory Services Network LLC bought a new stake in American Century Diversified Corporate Bond ETF in the 3rd quarter worth approximately $186,000. Harbour Investments Inc. boosted its stake in American Century Diversified Corporate Bond ETF by 202.2% in the second quarter. Harbour Investments Inc. now owns 4,192 shares of the company’s stock worth $197,000 after buying an additional 2,805 shares in the last quarter. Client 1ST Advisory Group LLC bought a new position in American Century Diversified Corporate Bond ETF during the fourth quarter valued at approximately $213,000. Finally, Atria Wealth Solutions Inc. bought a new position in American Century Diversified Corporate Bond ETF during the second quarter valued at approximately $226,000.

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.