Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Sees Large Increase in Short Interest

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totalling 70,700 shares, an increase of 43.7% from the August 15th total of 49,200 shares. Based on an average trading volume of 435,600 shares, the short-interest ratio is currently 0.2 days.

Kayne Anderson Energy Infrastructure Fund Trading Down 2.6 %

KYN stock opened at $10.66 on Monday. The business’s 50-day moving average price is $10.53 and its two-hundred day moving average price is $10.08. Kayne Anderson Energy Infrastructure Fund has a 1-year low of $7.87 and a 1-year high of $11.10.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 8th. Shareholders of record on Friday, June 28th were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.88 annualized dividend and a yield of 8.26%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Truist Financial Corp lifted its holdings in Kayne Anderson Energy Infrastructure Fund by 2.3% during the second quarter. Truist Financial Corp now owns 54,495 shares of the financial services provider’s stock worth $563,000 after acquiring an additional 1,212 shares in the last quarter. Moloney Securities Asset Management LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 1.6% during the first quarter. Moloney Securities Asset Management LLC now owns 81,205 shares of the financial services provider’s stock worth $813,000 after buying an additional 1,302 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.3% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 66,422 shares of the financial services provider’s stock worth $686,000 after buying an additional 1,493 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 3.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 48,584 shares of the financial services provider’s stock worth $427,000 after buying an additional 1,822 shares during the period. Finally, Tranquility Partners LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 11.6% during the second quarter. Tranquility Partners LLC now owns 17,852 shares of the financial services provider’s stock worth $184,000 after buying an additional 1,851 shares during the period.

About Kayne Anderson Energy Infrastructure Fund

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.