Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Update

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 56,620 shares, a decrease of 50.0% from the April 30th total of 113,309 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 102,673 shares, the short-interest ratio is presently 0.6 days.

Kensington Hedged Premium Income ETF Price Performance

KHPI stock opened at $26.09 on Monday. Kensington Hedged Premium Income ETF has a twelve month low of $23.95 and a twelve month high of $26.55. The business has a 50 day moving average of $25.35 and a 200 day moving average of $25.61.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KHPI. Kingswood Wealth Advisors LLC increased its position in Kensington Hedged Premium Income ETF by 5.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock valued at $329,000 after buying an additional 653 shares in the last quarter. Sunbelt Securities Inc. increased its position in Kensington Hedged Premium Income ETF by 18.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock valued at $525,000 after buying an additional 3,134 shares in the last quarter. Arkadios Wealth Advisors increased its position in Kensington Hedged Premium Income ETF by 14.3% during the 4th quarter. Arkadios Wealth Advisors now owns 20,545 shares of the company’s stock valued at $527,000 after buying an additional 2,563 shares in the last quarter. Virtue Capital Management LLC increased its position in Kensington Hedged Premium Income ETF by 344.0% during the 4th quarter. Virtue Capital Management LLC now owns 22,985 shares of the company’s stock valued at $590,000 after buying an additional 17,808 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in Kensington Hedged Premium Income ETF by 14.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 23,614 shares of the company’s stock valued at $606,000 after buying an additional 2,961 shares in the last quarter.

Kensington Hedged Premium Income ETF Company Profile

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.