Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Update

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 113,309 shares, an increase of 221.9% from the April 15th total of 35,200 shares. Based on an average trading volume of 88,242 shares, the short-interest ratio is presently 1.3 days. Currently, 1.9% of the shares of the company are sold short.

Kensington Hedged Premium Income ETF Stock Performance

Shares of BATS KHPI opened at $26.08 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 $25.17 and a two-hundred day simple moving average of $25.61.

Hedge Funds Weigh In On Kensington Hedged Premium Income ETF

Large investors have recently made changes to their positions in the company. Strategic Blueprint LLC lifted its stake in shares of Kensington Hedged Premium Income ETF by 38.9% in the 4th quarter. Strategic Blueprint LLC now owns 78,453 shares of the company’s stock valued at $2,013,000 after purchasing an additional 21,953 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in shares of Kensington Hedged Premium Income ETF by 5.4% in the 4th 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 period. Sunbelt Securities Inc. lifted its stake in shares of Kensington Hedged Premium Income ETF by 18.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock valued at $525,000 after purchasing an additional 3,134 shares during the period. CoreCap Advisors LLC lifted its stake in shares of Kensington Hedged Premium Income ETF by 3.4% in the 4th quarter. CoreCap Advisors LLC now owns 198,241 shares of the company’s stock valued at $5,087,000 after purchasing an additional 6,573 shares during the period. Finally, Arkadios Wealth Advisors acquired a new position in shares of Kensington Hedged Premium Income ETF in the 3rd quarter valued at $459,000.

Kensington Hedged Premium Income ETF Company Profile

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.