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

Kensington Hedged Premium Income ETF (BATS:KHPI) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 113,309 shares, a growth of 221.9% from the April 15th total of 35,200 shares. Based on an average daily trading volume, of 88,242 shares, the short-interest ratio is presently 1.3 days. Currently, 1.9% of the company’s stock are sold short.

Institutional Trading of Kensington Hedged Premium Income ETF

A number of institutional investors have recently modified their holdings of KHPI. Arkadios Wealth Advisors bought a new stake in shares of Kensington Hedged Premium Income ETF in the 3rd quarter valued at about $459,000. Triumph Capital Management grew its position in 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 worth $2,470,000 after purchasing an additional 60,952 shares during the last quarter. Sunbelt Securities Inc. grew its position in Kensington Hedged Premium Income ETF by 18.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 20,545 shares of the company’s stock worth $525,000 after purchasing an additional 3,134 shares during the last quarter. CoreCap Advisors LLC grew its position in Kensington Hedged Premium Income ETF by 3.4% during the 4th quarter. CoreCap Advisors LLC now owns 198,241 shares of the company’s stock worth $5,087,000 after purchasing an additional 6,573 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC grew its position in Kensington Hedged Premium Income ETF by 5.4% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock worth $329,000 after purchasing an additional 653 shares during the last quarter.

Kensington Hedged Premium Income ETF Stock Performance

BATS:KHPI opened at $26.08 on Thursday. Kensington Hedged Premium Income ETF has a fifty-two week low of $23.95 and a fifty-two week high of $26.55. The company’s 50-day simple moving average is $25.17 and its 200-day simple moving average is $25.61.

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.