Kensington Hedged Premium Income ETF (BATS:KHPI) Short Interest Up 123.1% in July

Kensington Hedged Premium Income ETF (BATS:KHPI) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 117,299 shares, an increase of 123.1% from the June 30th total of 52,578 shares. Based on an average daily volume of 75,286 shares, the days-to-cover ratio is presently 1.6 days. Currently, 2.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Kensington Hedged Premium Income ETF

Large investors have recently bought and sold shares of the stock. Kingswood Wealth Advisors LLC lifted its stake in shares of 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 during the period. Sunbelt Securities Inc. raised its holdings in Kensington Hedged Premium Income ETF by 18.0% during the third quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock worth $525,000 after purchasing an additional 3,134 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in Kensington Hedged Premium Income ETF by 14.3% during the fourth quarter. Arkadios Wealth Advisors now owns 20,545 shares of the company’s stock worth $527,000 after purchasing an additional 2,563 shares in the last quarter. Virtue Capital Management LLC raised its holdings in Kensington Hedged Premium Income ETF by 344.0% during the fourth quarter. Virtue Capital Management LLC now owns 22,985 shares of the company’s stock worth $590,000 after purchasing an additional 17,808 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Kensington Hedged Premium Income ETF by 14.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 23,614 shares of the company’s stock worth $606,000 after purchasing an additional 2,961 shares during the period.

Kensington Hedged Premium Income ETF Stock Performance

Shares of BATS KHPI opened at $25.97 on Wednesday. Kensington Hedged Premium Income ETF has a fifty-two week low of $23.95 and a fifty-two week high of $26.55. The firm’s 50-day simple moving average is $25.97 and its 200 day simple moving average is $25.62.

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.