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

Kensington Hedged Premium Income ETF (BATS:KHPI) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 56,620 shares, a decline of 50.0% from the April 30th total of 113,309 shares. Based on an average trading volume of 102,673 shares, the short-interest ratio is currently 0.6 days. Approximately 1.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Kensington Hedged Premium Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kingswood Wealth Advisors LLC lifted its stake in shares of Kensington Hedged Premium Income ETF by 5.4% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 12,821 shares of the company’s stock valued at $329,000 after acquiring an additional 653 shares during the last quarter. Arkadios Wealth Advisors raised its position in Kensington Hedged Premium Income ETF by 14.3% during the 4th quarter. Arkadios Wealth Advisors now owns 20,545 shares of the company’s stock valued at $527,000 after purchasing an additional 2,563 shares during the last quarter. Sunbelt Securities Inc. raised 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 valued at $525,000 after purchasing an additional 3,134 shares during the last quarter. Virtue Capital Management LLC raised its position in Kensington Hedged Premium Income ETF by 344.0% during the 4th quarter. Virtue Capital Management LLC now owns 22,985 shares of the company’s stock valued at $590,000 after purchasing an additional 17,808 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Kensington Hedged Premium Income ETF by 14.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 23,614 shares of the company’s stock valued at $606,000 after purchasing an additional 2,961 shares during the last quarter.

Kensington Hedged Premium Income ETF Price Performance

BATS KHPI opened at $26.09 on Monday. Kensington Hedged Premium Income ETF has a 1-year low of $23.95 and a 1-year high of $26.55. The stock has a 50-day moving average of $25.35 and a 200-day moving average of $25.61.

Kensington Hedged Premium Income ETF Company Profile

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.