American Century Diversified Corporate Bond ETF (NYSEARCA:KORP – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 29th, there was short interest totaling 21,683 shares, an increase of 58.7% from the May 14th total of 13,664 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 90,700 shares, the short-interest ratio is presently 0.2 days.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in KORP. Westside Investment Management Inc. lifted its stake 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 during the last quarter. Joseph P. Lucia & Associates LLC increased its stake in American Century Diversified Corporate Bond ETF by 2.5% in the fourth 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 during the last quarter. Calton & Associates Inc. raised its holdings in American Century Diversified Corporate Bond ETF by 2.3% during the fourth quarter. Calton & Associates Inc. now owns 21,151 shares of the company’s stock worth $999,000 after purchasing an additional 467 shares in the last quarter. First Bank & Trust raised its holdings in American Century Diversified Corporate Bond ETF by 7.6% during the fourth quarter. First Bank & Trust now owns 6,782 shares of the company’s stock worth $320,000 after purchasing an additional 481 shares in the last quarter. Finally, Camarda Financial Advisors LLC lifted its position 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 worth $991,000 after buying an additional 632 shares during the last quarter.
American Century Diversified Corporate Bond ETF Stock Performance
NYSEARCA:KORP traded up $0.12 during trading hours on Tuesday, hitting $46.85. The company’s stock had a trading volume of 44,453 shares, compared to its average volume of 104,992. American Century Diversified Corporate Bond ETF has a 52-week low of $46.03 and a 52-week high of $48.16. The stock has a fifty day moving average of $46.73 and a 200-day moving average of $47.10.
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.
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