American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Sees Significant Growth in Short Interest

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 39,933 shares, a growth of 421.3% from the September 15th total of 7,660 shares. Based on an average daily volume of 128,600 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

American Century Diversified Corporate Bond ETF Trading Up 0.1%

Shares of KORP stock traded up $0.06 during trading hours on Monday, reaching $44.48. The company’s stock had a trading volume of 72,896 shares, compared to its average volume of 104,459. American Century Diversified Corporate Bond ETF has a fifty-two week low of $44.08 and a fifty-two week high of $48.16. The firm’s 50 day simple moving average is $45.42 and its 200-day simple moving average is $46.19.

Institutional Trading of American Century Diversified Corporate Bond ETF

Several large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in American Century Diversified Corporate Bond ETF by 48.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,112,479 shares of the company’s stock worth $150,884,000 after acquiring an additional 1,012,922 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of American Century Diversified Corporate Bond ETF by 25.3% in the first quarter. PNC Financial Services Group Inc. now owns 989,755 shares of the company’s stock worth $46,132,000 after acquiring an additional 199,693 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of American Century Diversified Corporate Bond ETF by 9.0% in the first quarter. Private Advisor Group LLC now owns 262,282 shares of the company’s stock worth $12,225,000 after acquiring an additional 21,549 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of American Century Diversified Corporate Bond ETF by 283.2% in the 1st quarter. Bank of America Corp DE now owns 177,797 shares of the company’s stock valued at $8,287,000 after purchasing an additional 131,399 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of American Century Diversified Corporate Bond ETF by 8.3% in the 1st quarter. D.A. Davidson & CO. now owns 95,652 shares of the company’s stock valued at $4,458,000 after purchasing an additional 7,298 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.