KKR Income Opportunities Fund (NYSE:KIO) Short Interest Update

KKR Income Opportunities Fund (NYSE:KIO) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 147,700 shares, an increase of 39.1% from the September 30th total of 106,200 shares. Based on an average trading volume of 310,200 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 310,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of KKR Income Opportunities Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in KIO. Wealth Enhancement Advisory Services LLC lifted its holdings in KKR Income Opportunities Fund by 47.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 43,435 shares of the investment management company’s stock worth $534,000 after purchasing an additional 13,992 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in KKR Income Opportunities Fund by 3.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 40,726 shares of the investment management company’s stock valued at $501,000 after buying an additional 1,193 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of KKR Income Opportunities Fund in the 1st quarter valued at $298,000. J.W. Cole Advisors Inc. grew its position in shares of KKR Income Opportunities Fund by 29.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 78,928 shares of the investment management company’s stock worth $970,000 after buying an additional 18,169 shares during the last quarter. Finally, Kovack Advisors Inc. grew its stake in KKR Income Opportunities Fund by 124.0% during the 1st quarter. Kovack Advisors Inc. now owns 98,665 shares of the investment management company’s stock valued at $1,213,000 after purchasing an additional 54,620 shares during the last quarter.

KKR Income Opportunities Fund Stock Performance

Shares of NYSE KIO traded down $0.05 during midday trading on Monday, reaching $12.07. The stock had a trading volume of 338,532 shares, compared to its average volume of 265,657. KKR Income Opportunities Fund has a 12-month low of $10.69 and a 12-month high of $13.92. The stock has a 50-day moving average of $12.35 and a 200-day moving average of $12.31.

KKR Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be paid a $0.1215 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.