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

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 117,299 shares, a growth 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 stock are short sold.

Kensington Hedged Premium Income ETF Stock Performance

Kensington Hedged Premium Income ETF stock opened at $25.93 on Tuesday. Kensington Hedged Premium Income ETF has a 1 year low of $23.95 and a 1 year high of $26.55. The company’s 50-day moving average is $25.97 and its two-hundred day moving average is $25.62.

Institutional Investors Weigh In On Kensington Hedged Premium Income ETF

Several large investors have recently bought and sold shares of the company. Triumph Capital Management increased its holdings in shares of 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 worth $2,470,000 after acquiring an additional 60,952 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Kensington Hedged Premium Income ETF by 2.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 87,026 shares of the company’s stock valued at $2,247,000 after purchasing an additional 2,269 shares during the period. Advisory Services Network LLC grew its position in shares of Kensington Hedged Premium Income ETF by 2.0% in 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 period. Strategic Blueprint LLC increased its stake in 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 worth $2,013,000 after purchasing an additional 21,953 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in 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 worth $827,000 after purchasing an additional 4,920 shares in 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.