Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Update

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 56,620 shares, a decline of 50.0% from the April 30th total of 113,309 shares. Based on an average daily trading volume, of 102,673 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.0% of the shares of the stock are sold short.

Kensington Hedged Premium Income ETF Price Performance

Kensington Hedged Premium Income ETF stock traded down $0.09 during midday trading on Wednesday, hitting $26.10. 19,588 shares of the company’s stock were exchanged, compared to its average volume of 101,757. Kensington Hedged Premium Income ETF has a 52-week low of $23.95 and a 52-week high of $26.55. The stock has a 50-day moving average price of $25.38 and a two-hundred day moving average price of $25.61.

Institutional Trading of Kensington Hedged Premium Income ETF

A number of hedge funds have recently made changes to their positions in KHPI. CoreCap Advisors LLC increased its stake in Kensington Hedged Premium Income ETF by 3.4% in the fourth quarter. CoreCap Advisors LLC now owns 198,241 shares of the company’s stock valued at $5,087,000 after acquiring an additional 6,573 shares during the last quarter. Triumph Capital Management increased its stake in Kensington Hedged Premium Income ETF by 170.3% in the third quarter. Triumph Capital Management now owns 96,738 shares of the company’s stock valued at $2,470,000 after acquiring an additional 60,952 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Kensington Hedged Premium Income ETF by 2.0% during the 4th quarter. Advisory Services Network LLC now owns 79,662 shares of the company’s stock valued at $2,044,000 after purchasing an additional 1,542 shares during the last quarter. Strategic Blueprint LLC increased its position in shares of Kensington Hedged Premium Income ETF by 38.9% during the 4th quarter. Strategic Blueprint LLC now owns 78,453 shares of the company’s stock valued at $2,013,000 after purchasing an additional 21,953 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Kensington Hedged Premium Income ETF by 16.8% during the 1st quarter. Bank of New York Mellon Corp now owns 34,167 shares of the company’s stock valued at $827,000 after purchasing an additional 4,920 shares during the last quarter.

About Kensington Hedged Premium Income ETF

The Kensington Hedged Premium Income ETF (KHPI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages multiple derivative strategies seeking to generate high monthly income, some upside participation potential in the S&P 500, with a downside hedge. The objective is to offer a more balanced income strategy than other covered option writing strategies. KHPI was launched on Sep 3, 2024 and is issued by Kensington.