Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Down 38.6% in June

Kensington Hedged Premium Income ETF (BATS:KHPI) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 52,578 shares, a decrease of 38.6% from the June 15th total of 85,609 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 93,918 shares, the days-to-cover ratio is presently 0.6 days.

Kensington Hedged Premium Income ETF Trading Up 0.0%

Shares of KHPI stock opened at $26.05 on Thursday. The business’s 50 day moving average is $25.96 and its two-hundred day moving average is $25.61. Kensington Hedged Premium Income ETF has a 12-month low of $23.95 and a 12-month high of $26.55.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Triumph Capital Management lifted its position in shares of Kensington Hedged Premium Income ETF by 170.3% during the 3rd quarter. Triumph Capital Management now owns 96,738 shares of the company’s stock valued at $2,470,000 after buying an additional 60,952 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in Kensington Hedged Premium Income ETF by 18.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock worth $525,000 after acquiring an additional 3,134 shares in the last quarter. CoreCap Advisors LLC increased its holdings in Kensington Hedged Premium Income ETF by 3.4% in the 4th quarter. CoreCap Advisors LLC now owns 198,241 shares of the company’s stock worth $5,087,000 after acquiring an additional 6,573 shares in the last quarter. Kingswood Wealth Advisors LLC increased its holdings in Kensington Hedged Premium Income ETF by 5.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock worth $329,000 after acquiring an additional 653 shares in the last quarter. Finally, Strategic Blueprint LLC raised its position in Kensington Hedged Premium Income ETF by 38.9% during the fourth quarter. Strategic Blueprint LLC now owns 78,453 shares of the company’s stock worth $2,013,000 after acquiring an additional 21,953 shares during the period.

Kensington Hedged Premium Income ETF Company Profile

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.