Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Short Interest Up 511.4% in May

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the target of a significant growth in short interest in May. As of May 28th, there was short interest totalling 498,300 shares, a growth of 511.4% from the May 13th total of 81,500 shares. Based on an average trading volume of 554,900 shares, the days-to-cover ratio is presently 0.9 days.

A number of institutional investors have recently added to or reduced their stakes in KYN. Winslow Evans & Crocker Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 1,275.2% in the fourth quarter. Winslow Evans & Crocker Inc. now owns 6,876 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 6,376 shares in the last quarter. Oakworth Capital Inc. boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 108.0% in the first quarter. Oakworth Capital Inc. now owns 6,364 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 3,304 shares in the last quarter. Baird Financial Group Inc. bought a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $66,000. CWA Asset Management Group LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the fourth quarter worth $73,000. Finally, Telemus Capital LLC bought a new stake in Kayne Anderson Energy Infrastructure Fund in the first quarter worth $73,000.

Kayne Anderson Energy Infrastructure Fund stock traded up $0.02 during mid-day trading on Friday, hitting $9.06. The company had a trading volume of 513 shares, compared to its average volume of 685,558. The business has a 50 day simple moving average of $7.80. Kayne Anderson Energy Infrastructure Fund has a 12 month low of $3.74 and a 12 month high of $9.04.

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.

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