Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Short Interest Update

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 122,500 shares, a growth of 5.2% from the September 15th total of 116,500 shares. Based on an average daily trading volume, of 429,200 shares, the short-interest ratio is presently 0.3 days.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.7 %

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $11.82 on Thursday. The business’s 50-day moving average price is $10.98 and its 200-day moving average price is $10.37. Kayne Anderson Energy Infrastructure Fund has a 12 month low of $7.87 and a 12 month high of $11.90.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 8.12%. The ex-dividend date is Friday, November 15th.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In related news, major shareholder Metlife Investment Management, acquired 280,000 shares of the stock in a transaction dated Wednesday, September 18th. The shares were purchased at an average price of $25.00 per share, for a total transaction of $7,000,000.00. Following the transaction, the insider now owns 280,000 shares in the company, valued at $7,000,000. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On Kayne Anderson Energy Infrastructure Fund

Hedge funds have recently made changes to their positions in the business. Magnus Financial Group LLC raised its position in Kayne Anderson Energy Infrastructure Fund by 19.0% in the 3rd quarter. Magnus Financial Group LLC now owns 190,570 shares of the financial services provider’s stock worth $2,096,000 after purchasing an additional 30,479 shares during the period. ORG Wealth Partners LLC purchased a new position in shares of Kayne Anderson Energy Infrastructure Fund in the third quarter worth about $445,000. Sanctuary Advisors LLC bought a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the 2nd quarter valued at about $653,000. Cetera Investment Advisers boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 0.9% during the 2nd quarter. Cetera Investment Advisers now owns 5,923,852 shares of the financial services provider’s stock valued at $61,193,000 after acquiring an additional 51,554 shares during the period. Finally, Truist Financial Corp boosted its holdings in Kayne Anderson Energy Infrastructure Fund by 2.3% during the 2nd quarter. Truist Financial Corp now owns 54,495 shares of the financial services provider’s stock valued at $563,000 after acquiring an additional 1,212 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.