Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Short Interest Up 112.0% in July

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 46,841 shares, a growth of 112.0% from the June 30th total of 22,092 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 21,041 shares, the short-interest ratio is currently 2.2 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. CreativeOne Wealth LLC bought a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 4th quarter worth approximately $1,069,000. HB Wealth Management LLC bought a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the first quarter worth approximately $808,000. Hazlett Burt & Watson Inc. acquired a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the fourth quarter worth approximately $25,000. Finally, Pekin Hardy Strauss Inc. grew its position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF by 4.3% in the fourth quarter. Pekin Hardy Strauss Inc. now owns 12,075 shares of the company’s stock worth $312,000 after buying an additional 500 shares during the last quarter.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Trading Down 0.5%

Shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock traded down $0.14 during trading on Tuesday, hitting $25.56. The stock had a trading volume of 18,750 shares, compared to its average volume of 14,789. The business has a fifty day moving average of $25.77 and a two-hundred day moving average of $25.83. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a fifty-two week low of $25.21 and a fifty-two 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.