Short Interest in American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Rises By 539.9%

American Century Diversified Corporate Bond ETF (NYSEARCA:KORPGet Free Report) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 39,646 shares, a growth of 539.9% from the July 30th total of 6,196 shares. Based on an average daily trading volume, of 87,133 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are short sold.

American Century Diversified Corporate Bond ETF Trading Down 0.0%

Shares of NYSEARCA KORP opened at $46.07 on Friday. The company has a 50 day simple moving average of $46.24 and a 200 day simple moving average of $46.68. American Century Diversified Corporate Bond ETF has a 1 year low of $45.66 and a 1 year high of $48.16.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. Ameritas Advisory Services LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF in the second quarter worth $691,000. Endeavor Private Wealth Inc. acquired a new position in American Century Diversified Corporate Bond ETF during the 2nd quarter worth about $754,000. WorthPointe LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter valued at about $401,000. Bedel Financial Consulting Inc. acquired a new stake in shares of American Century Diversified Corporate Bond ETF in the second quarter valued at about $165,000. Finally, Nwam LLC acquired a new stake in shares of American Century Diversified Corporate Bond ETF in the second quarter valued at about $212,000.

American Century Diversified Corporate Bond ETF Company Profile

(Get Free Report)

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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