American Century Diversified Corporate Bond ETF (NYSEARCA:KORP) Shares Shorted: Short Interest Up 421.3% in September

American Century Diversified Corporate Bond ETF (NYSEARCA:KORP – Get Free Report) was the recipient of a large growth in short interest in 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 trading volume of 128,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On American Century Diversified Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Fifth Third Bancorp acquired a new position in American Century Diversified Corporate Bond ETF in the first quarter valued at about $151,000. Bedel Financial Consulting Inc. acquired a new position in shares of American Century Diversified Corporate Bond ETF during the 2nd quarter worth about $165,000. Nwam LLC bought a new stake in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter valued at about $212,000. Burford Brothers Inc. bought a new stake in shares of American Century Diversified Corporate Bond ETF in the 1st quarter valued at about $283,000. Finally, WorthPointe LLC acquired a new stake in shares of American Century Diversified Corporate Bond ETF in the 2nd quarter valued at approximately $401,000.

American Century Diversified Corporate Bond ETF Price Performance

Shares of KORP stock remained flat at $44.42 during trading hours on Friday. The stock had a trading volume of 56,943 shares, compared to its average volume of 104,622. The firm’s fifty day simple moving average is $45.42 and its 200 day simple moving average is $46.19. American Century Diversified Corporate Bond ETF has a one year low of $44.08 and a one year high of $48.16.

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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