Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Update

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 55,655 shares, a decline of 47.2% from the July 30th total of 105,414 shares. Based on an average daily volume of 69,997 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.9% of the shares of the company are short sold.

Kensington Hedged Premium Income ETF Stock Performance

Shares of KHPI opened at $26.09 on Friday. Kensington Hedged Premium Income ETF has a 12 month low of $23.95 and a 12 month high of $26.55. The stock has a fifty day moving average price of $26.04 and a 200 day moving average price of $25.69.

Hedge Funds Weigh In On Kensington Hedged Premium Income ETF

Several institutional investors have recently modified their holdings of the company. Guardian Wealth Advisors LLC NC increased its holdings in shares of Kensington Hedged Premium Income ETF by 3.8% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 184,467 shares of the company’s stock worth $4,763,000 after acquiring an additional 6,738 shares during the period. Triumph Capital Management grew its position in Kensington Hedged Premium Income ETF by 2.1% in the 2nd quarter. Triumph Capital Management now owns 107,949 shares of the company’s stock worth $2,787,000 after purchasing an additional 2,255 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in Kensington Hedged Premium Income ETF by 2.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 87,026 shares of the company’s stock worth $2,247,000 after purchasing an additional 2,269 shares during the last quarter. Advisory Services Network LLC grew its position in Kensington Hedged Premium Income ETF by 2.0% in the 4th quarter. Advisory Services Network LLC now owns 79,662 shares of the company’s stock worth $2,044,000 after purchasing an additional 1,542 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its stake in shares of Kensington Hedged Premium Income ETF by 394.6% in the second quarter. Ameritas Advisory Services LLC now owns 60,480 shares of the company’s stock valued at $1,562,000 after purchasing an additional 48,253 shares during the period.

About Kensington Hedged Premium Income ETF

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies. KHPI was launched on Sep 3, 2024 and is issued by Kensington.