Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Down 38.6% in June

Kensington Hedged Premium Income ETF (BATS:KHPI) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 52,578 shares, a drop of 38.6% from the June 15th total of 85,609 shares. Based on an average daily trading volume, of 93,918 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.9% of the shares of the company are short sold.

Kensington Hedged Premium Income ETF Stock Performance

Shares of BATS KHPI opened at $26.05 on Thursday. Kensington Hedged Premium Income ETF has a 12 month low of $23.95 and a 12 month high of $26.55. The company has a 50 day simple moving average of $25.96 and a two-hundred day simple moving average of $25.61.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KHPI. Kingswood Wealth Advisors LLC boosted its holdings in Kensington Hedged Premium Income ETF by 5.4% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock valued at $329,000 after purchasing an additional 653 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of Kensington Hedged Premium Income ETF by 18.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock valued at $525,000 after buying an additional 3,134 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Kensington Hedged Premium Income ETF by 14.3% during the 4th quarter. Arkadios Wealth Advisors now owns 20,545 shares of the company’s stock valued at $527,000 after buying an additional 2,563 shares during the last quarter. Virtue Capital Management LLC lifted its holdings in shares of Kensington Hedged Premium Income ETF by 344.0% in the 4th quarter. Virtue Capital Management LLC now owns 22,985 shares of the company’s stock valued at $590,000 after buying an additional 17,808 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Kensington Hedged Premium Income ETF by 14.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 23,614 shares of the company’s stock valued at $606,000 after buying an additional 2,961 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.