Short Interest in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Expands By 188.4%

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 144,200 shares, an increase of 188.4% from the August 15th total of 50,000 shares. Based on an average daily trading volume, of 479,000 shares, the days-to-cover ratio is currently 0.3 days.

Kayne Anderson Energy Infrastructure Fund stock opened at $7.86 on Friday. The business’s fifty day moving average is $7.90 and its two-hundred day moving average is $7.89. Kayne Anderson Energy Infrastructure Fund has a 52 week low of $3.74 and a 52 week high of $9.30.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 13th. Shareholders of record on Tuesday, July 6th were paid a $0.175 dividend. The ex-dividend date was Friday, July 2nd. This represents a $0.70 dividend on an annualized basis and a yield of 8.91%. This is a positive change from Kayne Anderson Energy Infrastructure Fund’s previous quarterly dividend of $0.15.

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at $27,000. FFT Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the second quarter valued at $52,000. Blueshift Asset Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter valued at $88,000. Capital Investment Advisory Services LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter valued at $95,000. Finally, Cresset Asset Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the first quarter valued at $108,000.

About Kayne Anderson Energy Infrastructure Fund

Kayne Anderson Energy Infrastructure Fund, Inc operates as a closed end management investment trust, which invests principally in equity securities of energy-related master limited partnerships. Its investment objective is to obtain high after-tax total returns for its shareholders. The company was founded on June 4, 2004 and is headquartered in Houston, TX.

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