KKR Income Opportunities Fund (NYSE:KIO) Short Interest Update

KKR Income Opportunities Fund (NYSE:KIO) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 147,700 shares, a growth of 39.1% from the September 30th total of 106,200 shares. Based on an average trading volume of 310,200 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 310,200 shares, the short-interest ratio is presently 0.5 days.

KKR Income Opportunities Fund Trading Up 0.3%

Shares of NYSE:KIO opened at $12.04 on Wednesday. The business’s fifty day moving average price is $12.34 and its two-hundred day moving average price is $12.32. KKR Income Opportunities Fund has a fifty-two week low of $10.69 and a fifty-two week high of $13.87.

KKR Income Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be issued a dividend of $0.1215 per share. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Friday, December 12th.

Institutional Trading of KKR Income Opportunities Fund

Large investors have recently made changes to their positions in the business. Sit Investment Associates Inc. bought a new stake in KKR Income Opportunities Fund during the 1st quarter worth about $27,786,000. Landscape Capital Management L.L.C. bought a new stake in KKR Income Opportunities Fund during the 1st quarter worth about $9,841,000. Penserra Capital Management LLC grew its holdings in KKR Income Opportunities Fund by 213.5% during the 3rd quarter. Penserra Capital Management LLC now owns 1,124,139 shares of the investment management company’s stock worth $14,164,000 after acquiring an additional 765,563 shares during the last quarter. 1607 Capital Partners LLC bought a new stake in KKR Income Opportunities Fund during the 1st quarter worth about $8,965,000. Finally, Polar Asset Management Partners Inc. bought a new stake in KKR Income Opportunities Fund during the 1st quarter worth about $4,960,000.

About KKR Income Opportunities Fund

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.