Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Short Interest Up 6.1% in July

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 151,400 shares, an increase of 6.1% from the June 30th total of 142,700 shares. Based on an average daily trading volume, of 461,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KYN. Cetera Investment Advisers grew its stake in shares of Kayne Anderson Energy Infrastructure Fund by 24,443.6% in the first quarter. Cetera Investment Advisers now owns 5,872,298 shares of the financial services provider’s stock valued at $58,782,000 after buying an additional 5,848,372 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Kayne Anderson Energy Infrastructure Fund by 4.6% during the 1st quarter. Advisors Asset Management Inc. now owns 1,985,548 shares of the financial services provider’s stock worth $19,875,000 after acquiring an additional 88,170 shares in the last quarter. Kayne Anderson Capital Advisors LP purchased a new position in Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at about $14,172,000. Wells Fargo & Company MN grew its position in Kayne Anderson Energy Infrastructure Fund by 51.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,258,090 shares of the financial services provider’s stock valued at $11,046,000 after acquiring an additional 429,415 shares in the last quarter. Finally, UBS Group AG increased its stake in Kayne Anderson Energy Infrastructure Fund by 3.9% during the fourth quarter. UBS Group AG now owns 1,221,864 shares of the financial services provider’s stock worth $10,728,000 after purchasing an additional 46,417 shares during the period.

Kayne Anderson Energy Infrastructure Fund Trading Down 1.1 %

Shares of KYN opened at $10.38 on Friday. The firm has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $9.67. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 8th. Investors of record on Friday, June 28th were issued a $0.22 dividend. The ex-dividend date was Friday, June 28th. This represents a $0.88 annualized dividend and a yield of 8.48%.

Kayne Anderson Energy Infrastructure Fund Company Profile

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.