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 decrease in short interest in the month of December. As of December 15th, there was short interest totaling 3,215 shares, a decrease of 55.5% from the November 30th total of 7,223 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 4,880 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 4,880 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the shares of the stock are short sold.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Stock Performance

Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock remained flat at $25.86 during trading hours on Friday. 1,050 shares of the company’s stock traded hands, compared to its average volume of 4,369. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 52-week low of $25.05 and a 52-week high of $26.31. The firm’s fifty day moving average price is $25.90 and its 200-day moving average price is $25.80.

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. purchased a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,575 shares of the company’s stock, valued at approximately $301,000. Pekin Hardy Strauss Inc. owned approximately 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 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.