American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Down 41.9% in May

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 15,700 shares, a decrease of 41.9% from the May 15th total of 27,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 67,400 shares, the short-interest ratio is presently 0.2 days.

American Century Diversified Corporate Bond ETF Price Performance

KORP stock opened at $46.30 on Monday. American Century Diversified Corporate Bond ETF has a 52 week low of $44.81 and a 52 week high of $48.57. The company’s 50-day moving average price is $46.02 and its 200 day moving average price is $46.24.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of KORP. Westside Investment Management Inc. increased its holdings in shares of American Century Diversified Corporate Bond ETF by 210.0% in the 1st quarter. Westside Investment Management Inc. now owns 620 shares of the company’s stock valued at $29,000 after acquiring an additional 420 shares during the last quarter. Harbour Investments Inc. acquired a new stake in American Century Diversified Corporate Bond ETF in the first quarter worth about $65,000. Capital Analysts LLC bought a new position in shares of American Century Diversified Corporate Bond ETF in the first quarter valued at approximately $102,000. Jones Financial Companies Lllp acquired a new position in shares of American Century Diversified Corporate Bond ETF during the 1st quarter valued at $137,000. Finally, Joseph P. Lucia & Associates LLC raised its position in American Century Diversified Corporate Bond ETF by 61.2% in the first quarter. Joseph P. Lucia & Associates LLC now owns 7,333 shares of the company’s stock worth $343,000 after acquiring an additional 2,785 shares in the last quarter.

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.