Short Interest in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Increases By 43.7%

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) saw a significant growth in short interest during 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 trading volume of 435,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its stake in Kayne Anderson Energy Infrastructure Fund by 0.9% in the second quarter. Cetera Investment Advisers now owns 5,923,852 shares of the financial services provider’s stock worth $61,193,000 after purchasing an additional 51,554 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings 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 valued at $19,875,000 after acquiring an additional 88,170 shares during the period. Wells Fargo & Company MN boosted its holdings in 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 acquiring an additional 429,415 shares during the period. UBS Group AG grew its position in Kayne Anderson Energy Infrastructure Fund by 3.9% in the 4th quarter. UBS Group AG now owns 1,221,864 shares of the financial services provider’s stock valued at $10,728,000 after acquiring an additional 46,417 shares during the last quarter. Finally, Cadent Capital Advisors LLC increased its stake in Kayne Anderson Energy Infrastructure Fund by 2.6% in the first quarter. Cadent Capital Advisors LLC now owns 878,977 shares of the financial services provider’s stock worth $8,799,000 after purchasing an additional 22,067 shares during the period.

Kayne Anderson Energy Infrastructure Fund Trading Up 0.6 %

KYN stock traded up $0.07 during midday trading on Monday, reaching $11.02. 73,564 shares of the company traded hands, compared to its average volume of 471,341. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $7.87 and a 52-week high of $11.10. The business has a 50 day moving average of $10.53 and a 200-day moving average of $10.08.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 8th. Investors of record on Friday, June 28th were issued a dividend of $0.22 per share. The ex-dividend date was Friday, June 28th. This represents a $0.88 annualized dividend and a yield of 7.99%.

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.