Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Short Interest Up 64.0% in April

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 509,400 shares, an increase of 64.0% from the March 31st total of 310,700 shares. Based on an average daily trading volume, of 467,400 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Several hedge funds and other institutional investors have recently made changes to their positions in KYN. Raymond James & Associates increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 232.8% during the 4th quarter. Raymond James & Associates now owns 3,193,349 shares of the financial services provider’s stock valued at $28,038,000 after purchasing an additional 2,233,838 shares during the last quarter. Kayne Anderson Capital Advisors LP purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the 4th quarter valued at about $14,172,000. Wells Fargo & Company MN increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 51.8% during 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 purchasing an additional 429,415 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 31.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,424,964 shares of the financial services provider’s stock valued at $11,984,000 after purchasing an additional 344,929 shares during the last quarter. Finally, Zazove Associates LLC increased its position in shares of Kayne Anderson Energy Infrastructure Fund by 66.9% during the 4th quarter. Zazove Associates LLC now owns 781,787 shares of the financial services provider’s stock valued at $6,864,000 after purchasing an additional 313,280 shares during the last quarter.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE:KYN traded down $0.04 during mid-day trading on Monday, reaching $9.73. The company’s stock had a trading volume of 641,410 shares, compared to its average volume of 529,823. Kayne Anderson Energy Infrastructure Fund has a 12-month low of $7.84 and a 12-month high of $10.15. The firm’s fifty day moving average price is $9.55 and its two-hundred day moving average price is $8.88.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, April 5th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 9.05%. The ex-dividend date was Thursday, April 4th.

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.