KKR Income Opportunities Fund (NYSE:KIO) Short Interest Up 84.5% in December

KKR Income Opportunities Fund (NYSE:KIO) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 119,058 shares, an increase of 84.5% from the November 30th total of 64,542 shares. Based on an average daily volume of 287,036 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 287,036 shares, the short-interest ratio is currently 0.4 days.

KKR Income Opportunities Fund Stock Performance

KIO opened at $11.68 on Friday. KKR Income Opportunities Fund has a 12 month low of $10.69 and a 12 month high of $13.67. The stock’s 50 day moving average price is $11.75 and its 200 day moving average price is $12.24.

Hedge Funds Weigh In On KKR Income Opportunities Fund

Several large investors have recently bought and sold shares of the stock. AdvisorNet Financial Inc increased its stake in shares of KKR Income Opportunities Fund by 86.6% during the second quarter. AdvisorNet Financial Inc now owns 3,905 shares of the investment management company’s stock valued at $49,000 after acquiring an additional 1,812 shares during the period. Anfield Capital Management LLC acquired a new stake in KKR Income Opportunities Fund in the third quarter worth approximately $100,000. Oppenheimer & Co. Inc. bought a new position in KKR Income Opportunities Fund during the 3rd quarter valued at $148,000. Gilman Hill Asset Management LLC acquired a new position in shares of KKR Income Opportunities Fund during the 3rd quarter valued at $167,000. Finally, Verity Asset Management Inc. raised its stake in shares of KKR Income Opportunities Fund by 29.3% in the 3rd quarter. Verity Asset Management Inc. now owns 15,436 shares of the investment management company’s stock worth $194,000 after buying an additional 3,499 shares in the last quarter.

KKR Income Opportunities Fund Company Profile

KKR Income Opportunities Fund (NYSE: KIO) is a diversified, closed-end management investment company that seeks to provide attractive current income and capital appreciation by investing primarily in corporate credit instruments. Managed by KKR Income Opportunities Advisors, LLC, the fund leverages the global credit platform of KKR & Co Inc, deploying capital across a broad spectrum of debt securities—including broadly syndicated loans, high-yield bonds, convertible bonds, private credit, and other credit-related instruments.

Since its initial public offering in June 2018, the fund has pursued a flexible, research-driven strategy designed to capture opportunities across credit markets.