American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Short Interest Down 51.2% in January

by · The Markets Daily

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP – Get Free Report) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 18,608 shares, a decrease of 51.2% from the December 31st total of 38,142 shares. Based on an average trading volume of 102,289 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 102,289 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of American Century Diversified Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. Gallagher Fiduciary Advisors LLC bought a new stake in American Century Diversified Corporate Bond ETF during the second quarter worth about $45,308,000. Atria Investments Inc bought a new stake in shares of American Century Diversified Corporate Bond ETF during the 2nd quarter valued at $45,118,000. Flaharty Asset Management LLC purchased a new stake in American Century Diversified Corporate Bond ETF during the 3rd quarter valued at approximately $30,426,000. ARQ Wealth Advisors LLC bought a new position in American Century Diversified Corporate Bond ETF during the second quarter valued at approximately $9,821,000. Finally, PNC Financial Services Group Inc. grew its stake in shares of American Century Diversified Corporate Bond ETF by 62.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 516,948 shares of the company’s stock worth $24,607,000 after buying an additional 197,904 shares in the last quarter.

American Century Diversified Corporate Bond ETF Stock Performance

Shares of KORP traded down $0.04 during trading hours on Friday, hitting $47.46. 119,840 shares of the company were exchanged, compared to its average volume of 94,447. The firm’s 50 day moving average is $47.41 and its 200-day moving average is $47.38. American Century Diversified Corporate Bond ETF has a 52 week low of $44.81 and a 52 week high of $48.16.

About American Century Diversified Corporate Bond ETF

(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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