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 large decline in short interest in January. As of January 30th, there was short interest totaling 3,791 shares, a decline of 19.8% from the January 15th total of 4,728 shares. Based on an average daily volume of 11,086 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.5% of the company’s stock are short sold. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 11,086 shares, the days-to-cover ratio is currently 0.3 days.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Trading Up 0.3%

Shares of NYSEARCA KNRG opened at $26.09 on Friday. The company has a 50-day moving average price of $25.94 and a 200-day moving average price of $25.91. Simplify Kayne Anderson Energy and Infrastructure Credit ETF has a 1 year low of $25.05 and a 1 year high of $26.31.

Institutional Trading of Simplify Kayne Anderson Energy and Infrastructure Credit ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Hazlett Burt & Watson Inc. purchased a new position in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the fourth quarter valued at approximately $25,000. Pekin Hardy Strauss Inc. bought a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 3rd quarter valued at $301,000. Finally, CreativeOne Wealth LLC purchased a new position in Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter worth $1,069,000.

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.