American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Shares Shorted: Short Interest Down 70.5% in September

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 7,660 shares, a decline of 70.5% from the August 31st total of 25,998 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 129,480 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its stake in shares of 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 valued at $150,884,000 after purchasing an additional 1,012,922 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in American Century Diversified Corporate Bond ETF in the second quarter worth about $2,384,000. IFP Advisors Inc grew its position in American Century Diversified Corporate Bond ETF by 180.5% in the 2nd quarter. IFP Advisors Inc now owns 12,121 shares of the company’s stock valued at $568,000 after buying an additional 7,800 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in American Century Diversified Corporate Bond ETF in the 2nd quarter valued at about $691,000. Finally, Endeavor Private Wealth Inc. acquired a new position in American Century Diversified Corporate Bond ETF during the 2nd quarter valued at about $754,000.

American Century Diversified Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA KORP opened at $44.79 on Friday. American Century Diversified Corporate Bond ETF has a 12-month low of $44.65 and a 12-month high of $48.16. The stock has a 50 day simple moving average of $45.74 and a 200-day simple moving average of $46.36.

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.