Short Interest in Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Decreases By 63.4%

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 73,194 shares, a decrease of 63.4% from the April 15th total of 199,796 shares. Based on an average daily volume of 564,053 shares, the short-interest ratio is presently 0.1 days.

Insider Buying and Selling at Kayne Anderson Energy Infrastructure Fund

In other Kayne Anderson Energy Infrastructure Fund news, CFO Austin Colby Parker purchased 2,500 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of $13.99 per share, with a total value of $34,975.00. Following the completion of the acquisition, the chief financial officer directly owned 14,623 shares of the company’s stock, valued at approximately $204,575.77. This trade represents a 20.62% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President James C. Baker purchased 25,000 shares of Kayne Anderson Energy Infrastructure Fund stock in a transaction on Monday, April 27th. The stock was acquired at an average cost of $13.57 per share, for a total transaction of $339,250.00. Following the acquisition, the president directly owned 1,003,019 shares of the company’s stock, valued at approximately $13,610,967.83. This represents a 2.56% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 93,600 shares of company stock worth $1,288,079 over the last ninety days.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

Several institutional investors and hedge funds have recently made changes to their positions in KYN. Brown Advisory Inc. purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund in the fourth quarter valued at $33,366,000. City of London Investment Management Co. Ltd. lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 402.0% in the third quarter. City of London Investment Management Co. Ltd. now owns 1,722,769 shares of the financial services provider’s stock valued at $21,311,000 after acquiring an additional 1,379,614 shares in the last quarter. Bard Associates Inc. lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 462.7% in the third quarter. Bard Associates Inc. now owns 393,005 shares of the financial services provider’s stock valued at $4,861,000 after acquiring an additional 323,161 shares in the last quarter. Zimmer Partners LP lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 121.9% in the fourth quarter. Zimmer Partners LP now owns 554,700 shares of the financial services provider’s stock valued at $6,867,000 after acquiring an additional 304,700 shares in the last quarter. Finally, Rivernorth Capital Management LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 78.0% in the fourth quarter. Rivernorth Capital Management LLC now owns 689,800 shares of the financial services provider’s stock valued at $8,540,000 after acquiring an additional 302,256 shares in the last quarter.

Kayne Anderson Energy Infrastructure Fund Stock Up 2.2%

Shares of NYSE:KYN traded up $0.31 on Thursday, hitting $14.43. The company had a trading volume of 398,004 shares, compared to its average volume of 450,342. Kayne Anderson Energy Infrastructure Fund has a 52-week low of $11.31 and a 52-week high of $14.69. The business has a 50 day moving average of $13.89 and a 200 day moving average of $12.96.

Kayne Anderson Energy Infrastructure Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.085 dividend. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date is Friday, May 15th.

About Kayne Anderson Energy Infrastructure Fund

The Kayne Anderson Energy Infrastructure Fund, Inc (NYSE: KYN) is a closed-end management investment company that focuses on energy infrastructure assets. The fund’s portfolio is primarily composed of equity securities of publicly traded partnerships—including master limited partnerships (MLPs)—and other energy-related companies. Key sectors in its midstream-oriented strategy include the transportation, storage, processing and distribution of natural gas, crude oil and refined products.

Since commencing operations in 2014, Kayne Anderson Energy Infrastructure Fund has pursued a dual objective of current income generation and long-term capital appreciation.