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 target of a significant 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. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 5,328 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 5,328 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors 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 Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 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 quarter.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Performance

Shares of NYSEARCA:KNRG traded up $0.06 during trading on Wednesday, reaching $26.01. The stock had a trading volume of 6,441 shares, compared to its average volume of 3,893. The business has a fifty day moving average price of $25.89 and a 200-day moving average price of $25.84. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a fifty-two week low of $25.05 and a fifty-two week high of $26.31.

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.