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

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

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN opened at $10.66 on Monday. The stock has a fifty day moving average of $10.53 and a 200-day moving average of $10.08. Kayne Anderson Energy Infrastructure Fund has a 52 week low of $7.87 and a 52 week high of $11.10.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

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

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. Principal Securities Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth $34,000. International Assets Investment Management LLC bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter worth $46,000. NBC Securities Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth $55,000. Eagle Bay Advisors LLC boosted its position in shares of Kayne Anderson Energy Infrastructure Fund by 74.4% in the 1st quarter. Eagle Bay Advisors LLC now owns 7,296 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 3,112 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new position in shares of Kayne Anderson Energy Infrastructure Fund in the 4th quarter worth $97,000.

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.