American Century Diversified Corporate Bond ETF (NYSEARCA:KORP – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 39,646 shares, a growth of 539.9% from the July 30th total of 6,196 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 87,133 shares, the days-to-cover ratio is currently 0.5 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in American Century Diversified Corporate Bond ETF by 25.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 989,755 shares of the company’s stock valued at $46,132,000 after buying an additional 199,693 shares in the last quarter. Flaharty Asset Management LLC lifted its position in shares of American Century Diversified Corporate Bond ETF by 4.3% during the fourth quarter. Flaharty Asset Management LLC now owns 666,494 shares of the company’s stock worth $31,492,000 after acquiring an additional 27,330 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 12.2% in the fourth quarter. LPL Financial LLC now owns 643,815 shares of the company’s stock worth $30,420,000 after acquiring an additional 70,115 shares during the period. Royal Bank of Canada boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 1.7% in the fourth quarter. Royal Bank of Canada now owns 368,013 shares of the company’s stock worth $17,389,000 after acquiring an additional 5,987 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of American Century Diversified Corporate Bond ETF by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 328,068 shares of the company’s stock worth $15,501,000 after acquiring an additional 17,949 shares during the period.
American Century Diversified Corporate Bond ETF Trading Up 0.5%
KORP opened at $46.13 on Wednesday. The firm has a 50-day moving average price of $46.27 and a 200-day moving average price of $46.70. American Century Diversified Corporate Bond ETF has a twelve month low of $45.66 and a twelve 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.
Featured Stories
- Five stocks we like better than American Century Diversified Corporate Bond ETF
- Pathward’s Credit Scare Tests Its Comeback Story
- Wiring the AI Boom: Rumble’s $13.7B Pivot
- StoneX: Too Far Too Fast?
- DICK’s Sporting Goods Faces Pain Now for a Bigger Prize
Receive News & Ratings for American Century Diversified Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Century Diversified Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
