Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) Short Interest Update

Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE:KYN) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 60,000 shares, an increase of 72.9% from the February 28th total of 34,700 shares. Based on an average trading volume of 450,000 shares, the days-to-cover ratio is presently 0.1 days.

Kayne Anderson Energy Infrastructure Fund Price Performance

NYSE KYN opened at $12.90 on Monday. Kayne Anderson Energy Infrastructure Fund has a one year low of $9.29 and a one year high of $13.69. The company’s 50-day simple moving average is $12.88 and its two-hundred day simple moving average is $12.49.

Kayne Anderson Energy Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date is Friday, March 14th.

Insider Transactions at Kayne Anderson Energy Infrastructure Fund

In other news, EVP Harrison James Little purchased 5,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of $13.04 per share, with a total value of $65,200.00. Following the transaction, the executive vice president now owns 5,000 shares of the company’s stock, valued at $65,200. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President James C. Baker purchased 20,000 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average price of $12.27 per share, for a total transaction of $245,400.00. Following the purchase, the president now owns 720,939 shares of the company’s stock, valued at approximately $8,845,921.53. This trade represents a 2.85 % increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 45,000 shares of company stock valued at $562,600.

Institutional Trading of Kayne Anderson Energy Infrastructure Fund

A number of hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC purchased a new stake in shares of Kayne Anderson Energy Infrastructure Fund during the third quarter valued at about $140,000. Glenmede Trust Co. NA acquired a new stake in Kayne Anderson Energy Infrastructure Fund in the third quarter valued at approximately $146,000. Walleye Capital LLC grew its holdings in Kayne Anderson Energy Infrastructure Fund by 24.4% in the third quarter. Walleye Capital LLC now owns 46,134 shares of the financial services provider’s stock worth $507,000 after purchasing an additional 9,061 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Kayne Anderson Energy Infrastructure Fund by 16.9% in the third quarter. Rockefeller Capital Management L.P. now owns 106,678 shares of the financial services provider’s stock worth $1,173,000 after purchasing an additional 15,442 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new position in shares of Kayne Anderson Energy Infrastructure Fund during the third quarter worth $33,000.

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.