Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Sees Large Growth in Short Interest

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totalling 1,680,000 shares, a growth of 29.2% from the October 15th total of 1,300,000 shares. Based on an average trading volume of 1,239,600 shares, the short-interest ratio is currently 1.4 days.

Shares of Kayne Anderson Energy Infrastructure Fund stock opened at $5.90 on Friday. The stock’s 50-day simple moving average is $4.68 and its 200-day simple moving average is $5.05. Kayne Anderson Energy Infrastructure Fund has a 52 week low of $1.00 and a 52 week high of $14.94.

Several institutional investors have recently made changes to their positions in the company. M&T Bank Corp lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 19.5% in the second quarter. M&T Bank Corp now owns 13,515 shares of the financial services provider’s stock valued at $71,000 after acquiring an additional 2,205 shares in the last quarter. Mid Atlantic Financial Management Inc. ADV lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 12.8% in the second quarter. Mid Atlantic Financial Management Inc. ADV now owns 22,947 shares of the financial services provider’s stock worth $121,000 after buying an additional 2,600 shares in the last quarter. Magnus Financial Group LLC lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 6.2% in the second quarter. Magnus Financial Group LLC now owns 51,885 shares of the financial services provider’s stock worth $274,000 after buying an additional 3,051 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 4.8% in the second quarter. Stifel Financial Corp now owns 70,292 shares of the financial services provider’s stock worth $371,000 after buying an additional 3,226 shares in the last quarter. Finally, Garner Asset Management Corp lifted its position in shares of Kayne Anderson Energy Infrastructure Fund by 2.6% in the second quarter. Garner Asset Management Corp now owns 144,915 shares of the financial services provider’s stock worth $765,000 after buying an additional 3,700 shares in the last quarter.

About Kayne Anderson Energy Infrastructure Fund

Kayne Anderson MLP Investment Company is a closed ended equity mutual fund launched and managed by KA Fund Advisors, LLC. It is co-managed by Kayne Anderson Capital Advisors, L.P. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector.

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