Kensington Hedged Premium Income ETF (BATS:KHPI) Sees Significant Growth in Short Interest

Kensington Hedged Premium Income ETF (BATS:KHPI) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 117,299 shares, a growth of 123.1% from the June 30th total of 52,578 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average trading volume of 75,286 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC lifted its position in Kensington Hedged Premium Income ETF by 5.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock worth $329,000 after buying an additional 653 shares in the last quarter. Sunbelt Securities Inc. grew its holdings 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 acquiring an additional 3,134 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of Kensington Hedged Premium Income ETF by 14.3% in the fourth quarter. Arkadios Wealth Advisors now owns 20,545 shares of the company’s stock valued at $527,000 after acquiring an additional 2,563 shares during the last quarter. Virtue Capital Management LLC increased its position in shares of Kensington Hedged Premium Income ETF by 344.0% in the fourth quarter. Virtue Capital Management LLC now owns 22,985 shares of the company’s stock valued at $590,000 after acquiring an additional 17,808 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Kensington Hedged Premium Income ETF by 14.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 23,614 shares of the company’s stock worth $606,000 after acquiring an additional 2,961 shares in the last quarter.

Kensington Hedged Premium Income ETF Trading Down 0.0%

BATS KHPI opened at $25.93 on Tuesday. The firm’s 50 day moving average is $25.97 and its 200-day moving average is $25.62. Kensington Hedged Premium Income ETF has a 12-month low of $23.95 and a 12-month high of $26.55.

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.