Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Short Interest Up 207.4% in April

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) was the target of 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. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 10,304 shares, the days-to-cover ratio is currently 1.1 days.

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

Several institutional investors have recently made changes to their positions in KNRG. Pekin Hardy Strauss Inc. acquired a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 3rd quarter valued at about $301,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at about $25,000. CreativeOne Wealth LLC acquired a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at about $1,069,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 1st quarter valued at about $808,000.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Price Performance

Shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock remained flat at $25.82 during trading on Thursday. The stock had a trading volume of 62,463 shares, compared to its average volume of 12,625. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a fifty-two week low of $25.05 and a fifty-two week high of $26.31. The business’s fifty day moving average is $25.75 and its two-hundred day moving average is $25.87.

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.