Short Interest in KKR Income Opportunities Fund (NYSE:KIO) Rises By 345.1%

KKR Income Opportunities Fund (NYSE:KIO) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 124,983 shares, a growth of 345.1% from the December 31st total of 28,079 shares. Based on an average trading volume of 242,235 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 242,235 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of KKR Income Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. raised its stake in shares of KKR Income Opportunities Fund by 10,475.0% during the 4th quarter. Blue Trust Inc. now owns 6,345 shares of the investment management company’s stock worth $74,000 after purchasing an additional 6,285 shares during the period. AdvisorNet Financial Inc grew its holdings in KKR Income Opportunities Fund by 52.7% during the 3rd quarter. AdvisorNet Financial Inc now owns 5,962 shares of the investment management company’s stock valued at $75,000 after buying an additional 2,057 shares in the last quarter. Anfield Capital Management LLC bought a new stake in KKR Income Opportunities Fund during the 3rd quarter worth approximately $100,000. Oppenheimer & Co. Inc. purchased a new stake in shares of KKR Income Opportunities Fund in the third quarter worth $148,000. Finally, Gilman Hill Asset Management LLC bought a new stake in shares of KKR Income Opportunities Fund during the 3rd quarter valued at about $167,000.

KKR Income Opportunities Fund Stock Performance

KKR Income Opportunities Fund stock opened at $11.56 on Friday. KKR Income Opportunities Fund has a 52-week low of $10.69 and a 52-week high of $12.98. The firm has a 50 day moving average price of $11.62 and a two-hundred day moving average price of $12.10.

KKR Income Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.1215 dividend. This represents a c) dividend on an annualized basis and a yield of 12.6%. The ex-dividend date of this dividend is Friday, March 13th.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.