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 large increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,060 shares, an increase of 207.4% from the April 15th total of 3,598 shares. Based on an average daily volume of 10,304 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.2% of the company’s shares are short sold.

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

A number of institutional investors have recently modified their holdings of the company. HB Wealth Management LLC bought a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 1st quarter valued at $808,000. CreativeOne Wealth LLC bought a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at about $1,069,000. Hazlett Burt & Watson Inc. acquired a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the fourth quarter worth approximately $25,000. Finally, Pekin Hardy Strauss Inc. grew its stake in 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 worth $312,000 after purchasing an additional 500 shares during the period.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Trading Down 0.3%

Shares of NYSEARCA:KNRG traded down $0.08 during trading on Friday, reaching $25.74. The stock had a trading volume of 52,264 shares, compared to its average volume of 13,050. The firm’s fifty day moving average is $25.74 and its 200 day moving average is $25.87. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 52 week low of $25.05 and a 52 week high of $26.31.

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.