Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Short Interest Update

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 4,728 shares, a growth of 239.4% from the December 31st total of 1,393 shares. Based on an average daily volume of 3,971 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.7% of the company’s shares are sold short. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 3,971 shares, the days-to-cover ratio is currently 1.2 days.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Up 0.2%

Shares of NYSEARCA:KNRG traded up $0.05 during trading hours on Friday, hitting $26.00. 28,129 shares of the company’s stock traded hands, compared to its average volume of 7,476. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 1 year low of $25.05 and a 1 year high of $26.31. The business has a fifty day moving average price of $25.93 and a 200-day moving average price of $25.88.

Hedge Funds Weigh In On Simplify Kayne Anderson Energy and Infrastructure Credit ETF

An institutional investor recently bought a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock. Pekin Hardy Strauss Inc. bought a new stake in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,575 shares of the company’s stock, valued at approximately $301,000. Pekin Hardy Strauss Inc. owned 2.10% of Simplify Kayne Anderson Energy and Infrastructure Credit ETF at the end of the most recent quarter.

About Simplify Kayne Anderson Energy and Infrastructure Credit ETF

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.