Short Interest in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) Declines By 19.8%

Simplify Kayne Anderson Energy and Infrastructure Credit ETF (NYSEARCA:KNRG) was the target of a significant decline in short interest in the month of 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. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 11,086 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 11,086 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Trading of Simplify Kayne Anderson Energy and Infrastructure Credit ETF

Several hedge funds have recently made changes to their positions in KNRG. Hazlett Burt & Watson Inc. purchased a new position in shares of Simplify Kayne Anderson Energy and Infrastructure Credit ETF during the 4th quarter valued at $25,000. Pekin Hardy Strauss Inc. purchased a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 3rd quarter worth about $301,000. Finally, CreativeOne Wealth LLC bought a new stake in Simplify Kayne Anderson Energy and Infrastructure Credit ETF in the 4th quarter valued at about $1,069,000.

Simplify Kayne Anderson Energy and Infrastructure Credit ETF Price Performance

Simplify Kayne Anderson Energy and Infrastructure Credit ETF stock opened at $26.09 on Friday. The firm 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 twelve month low of $25.05 and a twelve month high of $26.31.

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.