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

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 1,393 shares, a decline of 56.7% from the December 15th total of 3,215 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 5,328 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 5,328 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

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

NYSEARCA KNRG traded up $0.06 on Wednesday, reaching $26.01. The company had a trading volume of 6,441 shares, compared to its average volume of 3,893. 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 firm has a 50-day moving average of $25.89 and a 200-day moving average of $25.84.

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. acquired a new stake in 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 and Exchange Commission. The institutional investor acquired 11,575 shares of the company’s stock, valued at approximately $301,000. Pekin Hardy Strauss Inc. owned about 2.10% of Simplify Kayne Anderson Energy and Infrastructure Credit ETF at the end of the most recent reporting period.

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.