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

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 13,664 shares, a decrease of 46.0% from the April 30th total of 25,313 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 63,052 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new position in American Century Diversified Corporate Bond ETF during the fourth quarter worth about $40,000. Westside Investment Management Inc. raised its holdings in American Century Diversified Corporate Bond ETF by 51.6% during the fourth quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in American Century Diversified Corporate Bond ETF during the fourth quarter worth about $52,000. Comerica Bank purchased a new position in American Century Diversified Corporate Bond ETF during the fourth quarter worth about $99,000. Finally, Jones Financial Companies Lllp purchased a new position in American Century Diversified Corporate Bond ETF during the first quarter worth about $137,000.

American Century Diversified Corporate Bond ETF Price Performance

NYSEARCA KORP opened at $46.88 on Monday. American Century Diversified Corporate Bond ETF has a 52-week low of $45.90 and a 52-week high of $48.16. The firm has a 50-day moving average price of $46.70 and a 200 day moving average price of $47.16.

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.