American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Down 62.0% in June

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,245 shares, a drop of 62.0% from the June 15th total of 42,741 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 77,234 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On American Century Diversified Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in shares of American Century Diversified Corporate Bond ETF in the fourth quarter valued at $40,000. Westside Investment Management Inc. raised its position in American Century Diversified Corporate Bond ETF by 51.6% in the fourth quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock worth $44,000 after acquiring an additional 320 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in American Century Diversified Corporate Bond ETF in the 4th quarter valued at about $52,000. Comerica Bank bought a new position in shares of American Century Diversified Corporate Bond ETF during the 4th quarter valued at about $99,000. Finally, Jones Financial Companies Lllp acquired a new position in shares of American Century Diversified Corporate Bond ETF in the 1st quarter worth approximately $137,000.

American Century Diversified Corporate Bond ETF Stock Up 0.2%

American Century Diversified Corporate Bond ETF stock traded up $0.08 during trading hours on Tuesday, hitting $46.21. 169,648 shares of the company traded hands, compared to its average volume of 102,667. The firm’s 50-day simple moving average is $46.65 and its two-hundred day simple moving average is $47.01. American Century Diversified Corporate Bond ETF has a 1-year low of $46.03 and a 1-year high of $48.16.

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.