Short Interest in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Decreases By 19.8%

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) was the target of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 3,791 shares, a decrease of 19.8% from the January 15th total of 4,728 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 11,086 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 11,086 shares, the short-interest ratio is presently 0.3 days. Approximately 0.5% of the company’s shares are sold short.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Performance

Shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock traded up $0.07 during trading on Monday, reaching $26.09. 10,369 shares of the stock were exchanged, compared to its average volume of 10,486. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 1 year low of $25.05 and a 1 year high of $26.31. The stock’s fifty day moving average is $25.95 and its 200 day moving average is $25.91.

Institutional Investors Weigh In On Simplify Kayne Anderson Energy and Infrastructure Credit ETF

A number of large investors have recently made changes to their positions in the business. Pekin Hardy Strauss Inc. increased its stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 4.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 12,075 shares of the company’s stock valued at $312,000 after buying an additional 500 shares during the period. Hazlett Burt & Watson Inc. bought a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the fourth quarter valued at $25,000. Finally, CreativeOne Wealth LLC purchased a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at $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.