Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Short Interest Update

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 13,471 shares, a growth of 255.3% from the January 29th total of 3,791 shares. Based on an average daily trading volume, of 16,564 shares, the short-interest ratio is presently 0.8 days. Approximately 1.8% of the shares of the stock are short sold. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,564 shares, the short-interest ratio is presently 0.8 days.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Price Performance

Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock traded down $0.03 during midday trading on Friday, hitting $26.03. 7,939 shares of the company’s stock were exchanged, compared to its average volume of 9,532. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 52-week low of $25.05 and a 52-week high of $26.31. The stock has a 50-day moving average price of $25.98 and a two-hundred day moving average price of $25.94.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. purchased a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the fourth quarter valued at about $25,000. Pekin Hardy Strauss Inc. bought a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 3rd quarter valued at about $301,000. Finally, CreativeOne Wealth LLC purchased a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at about $1,069,000.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Company Profile

KNRG is an actively managed ETF that seeks to deliver attractive monthly income by investing in credit instruments of energy and infrastructure companies. This includes bonds, notes, loans, and hybrid or preferred shares. The fund focuses on instruments that offer higher yields and higher credit quality compared to traditional high-yield bond indices.