Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Up 221.9% in April

Kensington Hedged Premium Income ETF (BATS:KHPI) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 113,309 shares, a growth of 221.9% from the April 15th total of 35,200 shares. Approximately 1.9% of the shares of the stock are sold short. Based on an average daily volume of 88,242 shares, the short-interest ratio is currently 1.3 days.

Kensington Hedged Premium Income ETF Price Performance

BATS:KHPI opened at $26.18 on Friday. The business’s 50-day simple moving average is $25.19 and its two-hundred day simple moving average is $25.61. Kensington Hedged Premium Income ETF has a 52 week low of $23.95 and a 52 week high of $26.55.

Institutional Investors Weigh In On Kensington Hedged Premium Income ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Strategic Blueprint LLC raised its position in shares of Kensington Hedged Premium Income ETF by 38.9% during the fourth quarter. Strategic Blueprint LLC now owns 78,453 shares of the company’s stock valued at $2,013,000 after buying an additional 21,953 shares during the last quarter. Kingswood Wealth Advisors LLC increased its holdings in Kensington Hedged Premium Income ETF by 5.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock valued at $329,000 after acquiring an additional 653 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Kensington Hedged Premium Income ETF by 3.4% in the 4th quarter. CoreCap Advisors LLC now owns 198,241 shares of the company’s stock valued at $5,087,000 after acquiring an additional 6,573 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in Kensington Hedged Premium Income ETF in the 3rd quarter valued at $459,000. Finally, Advisory Services Network LLC increased its holdings in Kensington Hedged Premium Income ETF by 2.0% in the 4th quarter. Advisory Services Network LLC now owns 79,662 shares of the company’s stock valued at $2,044,000 after acquiring an additional 1,542 shares during the last quarter.

About Kensington Hedged Premium Income ETF

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies. KHPI was launched on Sep 3, 2024 and is issued by Kensington.