Short Interest in Kensington Hedged Premium Income ETF (BATS:KHPI) Drops By 38.6%

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 52,578 shares, a decrease of 38.6% from the June 15th total of 85,609 shares. Based on an average daily trading volume, of 93,918 shares, the short-interest ratio is currently 0.6 days. Approximately 0.9% of the company’s shares are sold short.

Kensington Hedged Premium Income ETF Stock Up 0.1%

Shares of Kensington Hedged Premium Income ETF stock opened at $26.07 on Friday. The stock’s fifty day simple moving average is $25.97 and its 200 day simple moving average is $25.61. Kensington Hedged Premium Income ETF has a 12 month low of $23.95 and a 12 month high of $26.55.

Institutional Investors Weigh In On Kensington Hedged Premium Income ETF

Several large investors have recently modified their holdings of the business. Kingswood Wealth Advisors LLC lifted its holdings in shares of 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 purchasing an additional 653 shares in the last quarter. Sunbelt Securities Inc. increased its stake in Kensington Hedged Premium Income ETF by 2.4% during the 1st quarter. Sunbelt Securities Inc. now owns 28,882 shares of the company’s stock worth $699,000 after purchasing an additional 685 shares in the last quarter. Advisory Services Network LLC increased its stake in Kensington Hedged Premium Income ETF by 2.0% during the 4th quarter. Advisory Services Network LLC now owns 79,662 shares of the company’s stock worth $2,044,000 after purchasing an additional 1,542 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in Kensington Hedged Premium Income ETF by 2.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 87,026 shares of the company’s stock worth $2,247,000 after purchasing an additional 2,269 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings 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 worth $527,000 after buying an additional 2,563 shares during the period.

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.