Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Grows By 97.1%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 42,741 shares, an increase of 97.1% from the May 31st total of 21,683 shares. Based on an average daily trading volume, of 151,321 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short.

American Century Diversified Corporate Bond ETF Trading Up 0.3%

Shares of NYSEARCA:KORP opened at $46.87 on Friday. American Century Diversified Corporate Bond ETF has a 12 month low of $46.03 and a 12 month high of $48.16. The company’s fifty day moving average price is $46.71 and its 200 day moving average price is $47.04.

Institutional Trading of American Century Diversified Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in KORP. Westside Investment Management Inc. grew its stake in American Century Diversified Corporate Bond ETF by 51.6% during the 4th quarter. Westside Investment Management Inc. now owns 940 shares of the company’s stock valued at $44,000 after purchasing an additional 320 shares in the last quarter. Joseph P. Lucia & Associates LLC boosted its position in shares of American Century Diversified Corporate Bond ETF by 2.5% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 16,212 shares of the company’s stock valued at $766,000 after purchasing an additional 390 shares in the last quarter. Calton & Associates Inc. boosted its stake in American Century Diversified Corporate Bond ETF by 2.3% in the 4th quarter. Calton & Associates Inc. now owns 21,151 shares of the company’s stock worth $999,000 after purchasing an additional 467 shares during the period. First Bank & Trust grew its holdings in shares of American Century Diversified Corporate Bond ETF by 7.6% during the 4th quarter. First Bank & Trust now owns 6,782 shares of the company’s stock valued at $320,000 after acquiring an additional 481 shares in the last quarter. Finally, Camarda Financial Advisors LLC raised its holdings in shares of American Century Diversified Corporate Bond ETF by 3.1% during the 2nd quarter. Camarda Financial Advisors LLC now owns 21,053 shares of the company’s stock valued at $991,000 after purchasing an additional 632 shares in the last quarter.

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.